4.25 Market Analysis


Yesterday, Bitcoin remained steady, in line with expectations. Attention should still be paid to the tariff process and the Federal Reserve's rate cut process in the near term. It is expected to continue consolidating and repairing during the day. Those who have previously built positions may consider reducing their holdings appropriately, as the long-term market trend is recovering.
Ethereum is synchronizing and consolidating with Bitcoin as expected. Those who entered the market earlier can appropriately reduce their positions and patiently wait for stabilization. The expectation for the day is to maintain consolidation and repair the market. Altcoins are following the mainstream and consolidating together. Those who are trapped should patiently wait for the market to warm up.
Intraday Market Analysis
Bitcoin has returned to a healthy level on the 1-hour and 4-hour charts, and it has also returned to a healthy level on the daily chart. It is expected to consolidate during the day, with support at 91500 and resistance at 94500.
Ethereum's 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to healthy levels, and it is expected to remain consolidated during the day, with intraday support at 1680 and upper pressure at 1850
BTC0,33%
ETH0,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin