4.29 (Tuesday)

BTC: Last night it pulled up to the strong resistance near 95500, then began to pull back, with the lowest point hitting around 93370 before rebounding. It formed a large V-shaped pattern. This morning, it oscillated around 95300, and while grinding down, it dropped a thousand points to 94300. Now, it has returned to a sideways trend around 94500. It seems that the recent high points for BTC have not changed much, which are 95500/95700/95400 in sequence, meaning that 95700 is a strong resistance that is difficult to break in the short term; at the same time, the low points are continually rising, from 91500 up to 92800, then 93500. Although the low points have risen, the high points have not broken through, so it is still unclear when the strong resistance will be overcome and how long it will take. In this kind of market, establishing long positions at the low points after the pullback can be safer. Positions below 93000 can be built in batches, and as long as it doesn't drop below 91000, one can continue to look for upward movement.

ETH: Last night, it also began to slowly pull back from the high point of 1826, with the lowest point briefly hitting 1742 before rebounding. The support level at 1750 remains effective; this is just a common tactic used by market manipulators for false breakouts. It dropped 84 points from the high and then started to rise from 1742. As of now, it has rebounded to 1806, with a resistance level around 1810 that has not been broken yet. A breakout would be above 1820.

The upper resistance levels for ETH are 1825, 1845, 1857, and the lower support levels are 1775-1780, 1745-1755, 1720.

The overall trend for ETH is also upward, but it is much weaker than BTC, oscillating in the range of 1720-1850. As long as it does not drop below 1700 during the pullback, one can continue to look for upward movement. If it grinds for a long time, there is still a chance to break through, but if it drops below 1700, one cannot expect continued upward movement. The strategy can focus on building long positions mainly in the 1700-1750 range, with short positions as a supplement.

Operation suggestions: Establish a long position for BTC at 93800, add to the position at 93200, set a stop-loss at 92500, and take profit targets at 94700/95400; if it strongly attacks, then look for 96000;

Establish a long position for ETH at 1775, add to the position at 1750, set a stop-loss at 1720 and consider exiting if it drops, with profit targets at 1820/1850; if it strongly breaks through, continue to look for 1880.

Special note: When trading ETH, be sure to set proper take profit and stop-loss levels, as it has larger fluctuations to prevent unnecessary losses or profit giving back.

Personal suggestions are for reference only; if helpful, it would be an honor.