April 15 Midday BTC/ETH Market Forecast and Analysis

1. BTC
The market opened high in the morning and then sharply retraced, with the lowest point reaching 73,766.8 before bouncing back. Before noon, it oscillated between 74,200 and 74,400, overall in a recovery phase after a decline.
Key support: 73,800 (intraday low), 73,500 (strong support); key resistance: 74,800, 75,200, 76,000 (previous high)

Short-term direction: Slightly volatile and weak, with further downside potential after rebound pressure—early rally peaked near 76,000, confirming strong resistance above. Although there was a rebound after the pullback, the momentum was insufficient to break through 74,800, indicating that the bears still dominate.

Midday is likely to maintain oscillation between 73,800 and 74,800. If it cannot stabilize above 74,800, it will test the 73,800 support again, and a break below could target 73,500-73,200.

If volume breaks through 74,800, it could rise toward 75,200-75,500, but a direct breakthrough of the previous high at 76,000 is unlikely. After a rebound, there remains a risk of decline.

Trading strategy: Focus on shorting on rebounds—sell in batches in the 74,600-74,800 range, stop-loss at 75,200, target 74,000-73,800, and watch for a break below 73,500.
Secondary long positions: Light long positions around 73,800-73,900, stop-loss at 73,500, target 74,300-74,500, quick entry and exit.
Strictly control position sizes to avoid chasing rallies and selling at lows.

2. ETH
Following BTC’s pattern, ETH also surged then fell back, with the lowest point at 2,301.38 before bouncing. In the morning, it oscillated between 2,320 and 2,330, with very strong correlation to BTC.
Key support: 2,300 (intraday low), 2,280 (strong support); key resistance: 2,340, 2,360, 2,400 (previous high)

Short-term direction: Slightly weak oscillation, with rebound pressure and support testing—early rally peaked at 2,416 before quickly falling back. The rebound strength was weaker than BTC, indicating ETH is relatively weaker and bears are in control.
- The core range midday is 2,300-2,340. If it cannot break through 2,340, it will test the 2,300 support again, and a break below could target 2,280-2,260.

If volume breaks through 2,340, it could rise toward 2,360-2,380, but a breakthrough of the 2,400 high is unlikely. After a rebound, continuation of decline is possible.

Trading strategy: Focus on shorting on rebounds—sell in batches in the 2,335-2,345 range, stop-loss at 2,365, target 2,310-2,300, and watch for a break below 2,280.
Secondary long positions: Light long positions around 2,300-2,305, stop-loss at 2,280, target 2,325-2,335.