4.2 Bitcoin and Ethereum Market Outlook

Last night, I was bullish on small-cap altcoins, and this morning, I woke up to a bullish trend in large-cap coins again. The market sentiment and outlook once again align perfectly, with the analysis being transparent and backed by evidence—charts and facts!

Today’s market is primarily driven by the Federal Reserve meeting minutes and ETF fund flows. Market sentiment remains cautious, with overall sideways consolidation. If capital continues to flow out and prices fail to hold above the 69,000 level, bearish forces will gain strength; however, a volume breakout above 70,000 could shift the outlook to a more bullish stance.

Key levels: Resistance is concentrated around 67,800, with support near 66,000.

A pullback to around 66,000 could be a good entry point for long positions, targeting 67,500-68,500. A breakout above 69,000 could lead to a move toward 70,500.

If the price rebounds to around 68,500, consider short positions with a target of 66,500; if it breaks below 66,500, look for further downside toward 65,500. #Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高