Ma Qian Pao Chen Ping An Market Analysis Sharing BTC.ETH 4.27
Good afternoon, brothers. Currently, the market is still bearish, the large coin at 95700 is likely the short-term top. Ethereum tested the pressure level at 1857 again this morning. When I observed, it was a volume test of the pressure level; if it didn't pass, it would definitely lead to a drop. Therefore, I told the brothers to set up a short position at 1843, while the short position at 95300 for the large coin is also being held!
Be patient and wait for the market to crash!
Looking back at the market, the large coin has already broken below 94200, so just focus on the support level at 93000 on the four-hour daily line. If it doesn't break this position, the market will continue to push towards the 94500-95700 range; if it breaks, pay attention to the support levels below at 92000-90500-88000-86000 for a rebound. $BTC
Day trading operations:
For long positions, focus on 86000-88000
With a stop loss at 85000
For short positions, watch for a pullback at 94500-95300
With a stop loss at 95888
Now let's talk about Ethereum.
I guessed this little thing would cause some trouble. Yesterday, it continuously tested the support at 1780, then built a bottom on the hourly level, and in the early session, it made a volume surge to 1857, but it failed to break the pressure level effectively and dropped directly. Currently, on the four-hour chart, pay attention to the position at 1800; if it doesn't break, it will attempt to push to 1830-1855 again. If it breaks, pay attention to the support levels below at 1740-1700-1660-1630 for a rebound. $ETH
Day trading operations:
For long positions, watch the range 1700-1660
With a stop loss at 1630
For short positions, look for pullback opportunities at 1830-1845
With a stop loss at 1868
The cryptocurrency market is highly volatile; this is just a sharing, not investment advice!
Control your hands and hold your positions, and there's no money you can't earn!
This is also what Ping An has always emphasized: enduring loneliness allows you to hold on to prosperity! Keep going, brothers!