4.14BTC/ETH Intraday Outlook:
Good morning, there is no market observation during the weekend on Saturday, which is a rest period. The short positions that had to take losses on Friday have been settled, and the positions that needed to be unwound have been resolved over the weekend. The market is experiencing wide fluctuations; after a double bottom test at 74500, it is currently in an overall upward oscillation. However, one must not chase highs or panic sell in trading. The weekly K line has ended the previous two consecutive bearish trends, closing with a small bullish candle with a lower shadow. The MACD bearish momentum is starting to decrease, the KDJ three lines are converging and crossing upward, and the RSI is turning upward. Currently, the bulls are relatively strong.
The daily K line for Bitcoin saw a significant bullish candle on Friday, with continued bullish extension on Saturday. A large bearish candle has retracted Saturday’s gains. The low point from yesterday's weekend pullback did not break lower, and today’s current low point has also not fallen lower. The price has already risen above the middle Bollinger band support. For the market to weaken and decline, the middle band must first be broken. The 4-hour level saw a peak resistance at 86100 after a high break, followed by a pullback. During the day, the middle band has been tested twice, where support has been found, leading to a rebound. Today's trading strategy is to chase the breakout of resistance or to go long at support levels without breaking the lows; the focus should be on being bullish.
The upper resistance for Bitcoin is at 85000 and the high point of 86100 from yesterday. The lower support levels to watch are 83500 and 82800. As long as the 82800 level holds, the upward rebound will continue. Since the price has stood above the daily K line middle band, the bulls will aim to test the upper band resistance next. Short positions should be ambushed around the upper band resistance; as long as the price does not break below the middle band support, the focus should be on low long strategies.
For Ethereum, the upper resistance levels are 1660 and 1690, which are recent high points. The lower support levels to pay attention to are 1580 and 1550. Currently, Ethereum's price is not particularly strong, having rebounded from 1384, and the lower points are rising. However, the rebound high points are still under pressure and have not shown a consistent uptrend. Therefore, in trading, do not chase highs excessively, as Ethereum has indeed been too weak and has dropped too quickly. It is advisable to focus on the recent high points, with a primary emphasis on high shorts, and refrain from entering long positions unless the lower support points are reached.
The above is just a personal opinion; investment carries risks, and one should be cautious when entering the market! #美国半导体关税 $BTC

