4.28.BTC.ETH. Midday Highlights

Currently maintaining a high-level consolidation pattern, the weekly level shows that the adjustment is basically complete, indicating the possibility of a second round of upward attack. The daily structure remains intact, overall still dominated by buying on dips.

The Bitcoin 4-hour chart shows that it is in a technical correction phase, avoid blindly chasing highs. Key support areas to watch are the range of 92825 to 91650, this area can serve as an important defense for buying on dips. If the support at 91650 is effectively broken during the day, it could trigger a deeper correction to the 89300 to 870 area. The primary resistance above is at the 957 level, and it is advisable to remain cautious until it is effectively broken.

The Ethereum daily level maintains a buying on dips pattern, with a quick drop in the morning followed by a rapid rebound showing strong buying power below. The 4-hour period still needs time to complete the consolidation, watch the support zone at 1735 and 1720, maintaining stability in this area will support upward movement, followed by resistance levels of 1858, 1890, and 1950. If the support at 1720 is effectively broken, it may drop to the 1683 and 1630 area, or even test the integer level of 1600.