【2024.4.5 BTC/ETH intraday market analysis】

The 4-hour rebound of Bitcoin and Ethereum yesterday gave people hope and despair. Yesterday's rebound was almost over and ended in the early morning and began to decline. Mr. Zhang expects that the short-term market will still fluctuate and fall. The hype before Bitcoin halving has also boarded the car, and those who should chase the rise have also entered the market. The dog dealers want to smash the market and suppress the price of the currency to shake the sentiment of retail investors. If you are afraid, then the rise after the halving will have nothing to do with you. #大盘走势

Now holding spot either pretends to be dead or goes down to cover the position. From the perspective of the entire market, Bitcoin and Shanzhai are polarized. Bitcoin rebounds can recover part of the decline. On the contrary, for Shanzhai, every callback of Bitcoin will bring its currency price back to a lower position. Old fans should all know that every time it fell, they told everyone to buy Bitcoin because Bitcoin is resistant to decline and durable.

The deduction posted in the early morning, Bitcoin rose to a maximum of 69329 and then began to decline, and the second pressure point I gave was 69200 (error 129u), and Ethereum rose to a maximum of 3446 and then began to decline, and the second pressure point I gave was 3438 (error 8u), and the lowest point fell to the second support point I gave, 3277, which was reached accurately!

Today's trading ideas:

#BTC The current 4-hour rebound daily line callback, pay attention to the position of 67685 today, if it falls below, it will start to callback in 2 hours, and pay attention to the support levels of 66930-65570-65040-64485 below (the 4-hour rebound ends and starts to go down after breaking the 66930 support, pay attention to the position below)

If it stands above 67685, it is still on the long side in 2 hours, and the upper target/pressure level pays attention to the positions of 68500-69280-69950

#ETH🔥🔥🔥 The current 1/2 hour short side, the 4-hour daily line callback, today pay attention to the position of 3325, if it can't stand up, the 4-hour short side will be sideways, and pay attention to the support positions of 3280-3243-3200 below

If it stands above 3325, pay attention to the pressure positions of 3350-3388-3446-3500 above