Analysis of BTC and ETH market on April 12:

Today's highlights

The support point given by Bitcoin yesterday was in the range of 69500-70000. It rebounded at this position in the evening. The four-hour level is currently in a volatile market, but it also needs a larger volume to break through 72000 points. According to the current daily trend, as long as 72000 points breaks and stands firm, it can directly break the historical high and soar in a straight line. The support point at the intraday level is still the same as the small range of 69500-70000. The effective support point at the intraday level is around 68500.

The closing line of ETH two cakes on the daily line is not very good. The same shock is that the trend gives people a feeling that it is not so reliable. After the double bottom rebound of the daily line, the position of 3800 has not been touched. It's just that the current trend wants to hit the current resistance point. The intraday support point is the 3460-3500 range. The first line of resistance above remains unchanged. Look at the 3650 position first, and then look at the key point of 3800.

If you want to know more about the cryptocurrency circle and get first-hand cutting-edge information, click on the avatar to follow Sponge, which publishes market analysis and recommends high-quality potential currencies every day. ”