Thursday, April 23 Midday Market Analysis


ETH 1-hour oscillates downward; the short-term trend is bearish. Overhead resistance is under clear pressure, while support below is slightly steady. Trading volume is contracting; bullish and bearish forces are balanced. Overall, it maintains a narrow-range operation, with limited short-term fluctuations. At this stage, it is ranging and consolidating around 77,600. The NASDAQ continues to hit new highs; tomorrow will see another round of negotiations between Chuanzi and Langzi. Langzi’s chips still remain the closed strait. Chuanzi continues to extend the ceasefire time, and the pressure from public opinion and the public is enormous. It is speculated that negotiations will continue to fail, or that Iran will not go at all. The NASDAQ and the crypto market will then see a relatively large pullback.
BTC trading advice: Short around 77,800-78,400; take profit around 76,900-76,100; stop loss at 79,000
ETH trading advice: Short around 2,360-2,390; take profit around 2,310-2,270; stop loss at 24300 1928374656574839201
ETH-2.07%
BTC-0.21%
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