4.13 Intraday Market Analysis:

After the market saw a sharp pullback yesterday, it finally bottomed out today. In particular, Bitcoin found support around 70,400, and Ethereum also held steady near 2,182, which is about the same as the previous bottom. The market has now entered a period of sideways consolidation; it is clearly the stage where the bottom is accumulating. Zhuo Wei reminded everyone not long after last night that after the market repairs, it may dip to retest the prior lows again in the short term, but the subsequent trend is still bullish. After short-term consolidation, a rebound is expected.
Therefore, for those following the previous strategy, please hold long positions patiently and wait for an opportunity to rise. From the four-hour chart, the current price is moving sideways around the lower band of the Bollinger Bands, and there is clear support at the bottom. The MACD has also gradually shifted from the previous bearish (negative) bars to bullish (positive) bars, indicating that the bulls are recovering step by step. The KDJ indicator has also shown a golden cross signal, which means the market is very likely about to start rising. Based on these signals, the outlook remains bullish, and for trading we should stay optimistic.
Intraday Trading Suggestions:
‍$BTC ：You may consider buying in the 70700-71000 range, with a target price of 73000;
‍$ETH ：You may consider buying in the 2190-2180 range, with a target price of 2270.
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