April 28 Bitcoin and Ethereum Market Analysis: BTC, ETH Today's Highlights



Market Review

Yesterday, BTC retraced and corrected, the main trend remains bearish, the 4-hour chart did not break support, no significant increase in downward momentum, pay attention to fundamental developments, set trailing stop-loss for short positions near the top, daily chart remains volatile upward, upward momentum is still weak, initial signs of a top, wait for a rebound confirmation, monitor rebound situation intra-day, consider short positions if rebound lacks strength

ETH follows BTC in a synchronized pullback, no obvious change in volume on the 4-hour chart, remains in range-bound oscillation, daily chart maintains oscillating upward trend, but volume is insufficient, monitor rebound situation intra-day, consider short positions if rebound lacks volume, the main trend remains bearish

Fundamental news: US-Iran situation eases again, with unpredictable changes daily, continue to monitor further developments

Intra-day support and resistance for major coins:

Today’s intra-day market, BTC support at 75,500-76,000, resistance at 77,500-78,500, ETH support at 2,200-2,250, resistance at 2,320-2,370
BTC-0.89%
ETH0.15%
View Original
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