April 21 Afternoon, Market View on Poetry Connection: Support Holds, Bulls Gaining Momentum



This week's market opened low, stabilized, and then surged again. After breaking 78,000, Bitcoin retraced with a shadow decline. The "Mistress" failed to hold above 2,460. In the short term, the key focus has shifted from US-Iran ceasefire to the bottom of the decline and the sustainability of the rebound. The daytime trading range is limited; tonight's speech is a turning point: if it releases expectations of interest rate cuts, it could push prices to 79,000-80,000; if neutral, expect continued range-bound oscillation.

The rebound is not one-sided, just an expansion of the range. Daily resistance is at 78,300, support at 75,000. The weekly chart shows consecutive positive days without a major plunge. Don't be swayed by emotions; maintain good defense and avoid panic. The 75,000 bottom position remains protected; there's no need for blind liquidation.

Bitcoin suggestion: consider buying around 75,000-75,700, with short-term targets at 76,500-77,000. Breakout above that could extend to 78,000, depending on market and news developments.

Mistress suggestion: consider buying around 2,300-2,270, with short-term targets at 2,340-2,370, and a longer-term view towards 2,460.
BTC2.28%
ETH1.14%
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