April 28 Morning BTC/ETH Outlook



In the morning, Bitcoin remains under pressure at high levels, maintaining a narrow range of fluctuation overall, with continuous tug-of-war between bulls and bears. Selling pressure at the upper levels keeps accumulating, while bullish momentum gradually weakens. Currently, the market is gathering strength at high levels under pressure, with the risk of a downward pull increasing. In the short term, focus on the key resistance around 77,000; if it holds without breaking, the overall outlook remains sideways with a slight bearish bias.

ETH is also weakly oscillating along with Bitcoin, showing even weaker market performance, with insufficient upward momentum, and the overall bullish pattern is gradually loosening. In the short term, rely on the strong resistance zone between 2,280 and 2,250, mainly looking for rebounds to sell high.

Combining the fundamental analysis of the Federal Reserve:
The expectation of monetary policy tightening by the Federal Reserve continues to heat up, with the pace of rate cuts further delayed, and market liquidity tightening expectations strengthening. The US dollar index remains strong, putting significant pressure on risk assets. Coupled with hawkish comments on future rate hikes and stabilization, this further suppresses the upside potential of the crypto market. As risk aversion sentiment rises, the overall market is gradually establishing a downward trend, which is unfavorable for bullish continuation in the medium to long term.

BTC Trading Suggestions
Sell in batches at 76,500-77,000
Target
75,000—74,500

ETH Trading Suggestions
Sell in batches at 2,300-2,280
Target
2,200—2,150

#WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点 #Strategy吸筹速度超挖矿两倍 #GateCard一拍即付
BTC0.39%
ETH1.73%
View Original
post-image
post-image
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