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4.28 Bitcoin Ethereum Latest Market Trend Analysis
Intraday Market Review: Bitcoin started a rebound from the low of 76,461 with oscillations, reaching a high of 78,266, currently consolidating around the 77,000 range; Ethereum moved in tandem with the overall market trend, dropping to a low of 2,266.15 before beginning a recovery, with the current quote at 2,289.5, showing very strong correlation with the market.
Market Structure Analysis: On the 4-hour chart, Bitcoin faced heavy selling pressure after a prior surge, with continuous bearish candles leading to a decline, indicating the overall market is entering a correction and adjustment phase; on the 1-hour small cycle, after a quick bottoming out, bearish momentum has significantly weakened, with sufficient buying support at low levels, causing the price to re-cross the short-term moving average, showing a technical rebound, and short-term bullish sentiment is warming.
Based on the overall market assessment, subsequent operations should prioritize long positions at low levels.
Bitcoin: Place long orders around 76,000, target 77,500
Ethereum: Place long orders around 2,260, target 2,320
#WCTC交易王PK #加密市场小幅下跌 $BTC $ETH $GT