4.27 This Week's Bitcoin and Ethereum Latest Market Analysis and Summary
Another week is coming to an end, and the market is once again wrapping up. Let's briefly review this week's market and analyze the upcoming trends; at the beginning of the week, Bitcoin gradually stabilized after retracing to the 83900 level, starting to rise, continuously recovering lost ground. After maintaining two days of upward movement, the price faced pressure and consolidated below 95000. After a certain period, the price again stabilized and rose, breaking through recent highs at the end of the week, peaking at 95769. Overall, this week can be described as a bullish trend, with an increase recovering over ten thousand points of space, and the volatility base is very large. We also provided low-risk strategies this week to respond to the current market, which have been continuously validated, resulting in substantial gains. Currently, we are on a winning streak. If you are still unable to grasp the market rhythm in this circle and cannot pinpoint entry points, why not make a change sooner? Perhaps this choice will change your current situation.
Ethereum has moved in sync with Bitcoin, repeatedly fluctuating between highs and lows on the daily chart, without providing a significant breakout extension in the short term. After consecutive bullish candles, a doji candlestick formed, followed by continued high-level fluctuations and corrections. From a 4-hour structural perspective, the price has been operating within a range, and after the Bollinger Bands narrowed, the market has slightly tilted upward after the fluctuations. The bearish trend has not been released, and the upper high points have been continually tested, so evening operations still look at the strength of the retracement for bullishness.
Operation Suggestions:
For Bitcoin, buy in the 93000-93500 range, target 96000,
For Ethereum, buy in the 1750-1780 range, target around 1860.
