Since the adoption of the ETF, funds have continued to flow in, and BTC has also taken a turn for the better and continued to rise. However, the ETF in the past two days has turned from inflow to outflow, which corresponds to the comprehensive correction of mainstream currencies last week.
BTC:
Grayscale transferred multiple large amounts of BTC to Coinbase, which suppressed BTC. BTC moves higher along the 5-day line, and the bottom of the hourly line continues to rise, confirming the bottom support, short-selling, and needs to test the upper resistance. The upper US$70,842 is the key point of the M head formed on March 13. Only by standing firmly at US$70,842 can further build The bottom strengthened, and BTC then surged to test $70,842.
Resistance levels: 70842, 72523, 74235
Support levels: 69388, 68024, 66762
ETH:
ETH was forced to go higher along the 5-day line, and the hourly line made a W-shaped bottom rebound. The upper US$3,655 is the key point of resistance. Once the volume breaks through US$3,655, it will quickly rise higher. Next, ETH rises to test US$3,655.
Resistance levels: 3655, 3735, 3806
Support levels: 3552, 3476, 3368
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