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4.20 Bai Muxin Morning Market Analysis and Strategy
In the early morning, the market continues the bearish trend. After dipping to around 76,200, volume increased and then it pulled back, with the lowest dropping to around 73,700. On the daily chart, bullish volume is shrinking and it prints a two-candle consecutive red close; on the four-hour chart, the bearish side expands volume and breaks the level, then retests the lower band; on the hourly chart, the bearish side keeps gaining momentum, and the price trades weakly and oscillates.
·BTC: Around 74,600-75,100, mainly watch for 73,200-72,000
·ETH: Around 2,300-2,320, mainly watch for 2,220-2,180
Life isn’t about choosing, but loving. Happiness isn’t hard—contentment is enough. $BTC $ETH #AI基建重心转向应用侧