【2024.4.19 BTC/ETH intraday market analysis】
The fourth wave of rebound of Bitcoin and Ethereum has ended, and it is now the fifth wave of decline. Yesterday's rebound gave everyone some confidence. In the morning, the price of the currency was hit down by the Middle East missiles again. Today, we will continue to see a rebound. One thing is that the big cake fell again in this wave of decline to around 5.96 in the morning and then rebounded quickly. It did not fall too much, indicating that the bottom support is still quite strong. Maybe everyone is numb to the overseas missiles. When the pin is inserted downward, buy the spot and get on the bus. Don't be timid and hesitant.
The lowest pin of the big cake in the morning was 59541, and the second support level of 59700 given in the early morning was also on the bus. After Ethereum fell below the second support level, it quickly rose. At present, even if you get on the bus at the first support level, you will make a profit. If you get on the bus, you should make a moving stop loss. In this market, buy on dips. If you can't hold it, reduce your position. The rest should make a moving loss or a break-even loss. #大盘走势
Today's trading ideas:
Bitcoin focuses on the 62700 position today. If it stands above this position, it will rise in 1/2 hour. The upper pressure level should be around 63750-64500-65620.
If it fails to stand at 62700, the market will continue to fluctuate sideways. The lower support level should be around 62000-60860-59640#BTC🔥🔥🔥🔥🔥🔥
Ether focuses on the 3025 position today. If it stands above this position, it will rise in 1/2 hour. The upper pressure level should be around 3077-3122-3171.
If it fails to stand at 3025, the market will continue to fluctuate sideways. The lower support level should be around 2961-2921-2865#ETH🔥🔥🔥