4.20 Evening BTC/ETH Market Analysis


Thought Process Analysis

Currently, BTC price is around 75,086 and ETH price is around 2,310, both in a high-level narrow fluctuation zone. The daily chart shows a complete bullish trend, with no signs of breaking down. In the short term, due to decreasing trading volume, the market is entering a consolidation phase, with both bulls and bears temporarily balanced. Tonight is likely to continue the pattern of "consolidation and gathering strength → waiting for a direction choice." Overall, the market environment remains bullish, and trading should focus on low-long positions, gradually building positions at support levels, avoiding chasing highs and not heavily betting on a breakout.
Trading Suggestions (only for low-long positions)

BTC

• Entry Range: 74,300 - 74,800

• Target Range: 75,500 - 76,200

ETH

• Entry Range: 2,260 - 2,300

• Target Range: 2,350 - 2,390
BTC2,63%
ETH2,13%
View Original
post-image
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