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🚨Morning BTC /ETH Market Briefing on 4/26🚨
🔶On this journey, we have pushed Ethereum up from around 1537 to around 1724, and then to around 1766 last night. I have to say that Ethereum's positioning has been quite precise (the battle record is publicly accessible across the network). However, it has not been very impressive. Recently, I've been too focused on Ethereum and neglected the big brother Bitcoin, which has now stood above 95000. So today, let's take a look at Bitcoin.
$BTC
🔶Remember the post on April 22 that indicated BTC was forming a head and shoulders bottom pattern. If it stabilizes above 88900, there will be a lot of space above. According to the head and shoulders bottom pattern, it is possible to touch around 96000 to 970000, and it seems to have been validated.
🔶From the perspective of the market, there is still room for an upward trend, but the continuous surge has somewhat caused a fear of heights. However, I will not go against the trend to short, so today's strategy is mainly to participate with a small position.
🔶 BTC surged near 95800 yesterday before starting to pull back. Currently, the support levels are 94280~93650~93247. These positions can be lightly traded for a low long. Watch for 9 5 3 0 0 ~96400~9 7 8 0 0, while being cautious of a significant retracement at any time. Keep position control under <2%.
$ETH
🔶 The long position near 1766 from yesterday is still being held, patiently waiting for a breakthrough to stabilize above 1840, which is expected to welcome Ethereum starting with 19. Today, pay attention to the support around 1781, which is also the latest support level to inform the E family army to participate in low longs, as well as around 1774 and 1745 to take part in low longs. Watch for stability between 1800 and 1838, and if it holds above 1840, continue to look for 1900.
⚠️The above points are conclusions drawn from the chart patterns and technical indicators, and are subject to real-time changes and the impact of news. Please adjust according to your actual situation #Gate.io 创始人12 周年公开信# #MemeBox2.0 全新上线# #加密市场反弹# .