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4.14 Bitcoin + Ethereum Today's Review
The morning dropped sharply due to Middle East conflict impacts, then the situation eased, risk appetite rebounded, Bitcoin and Ethereum surged violently together, showing a deep V-shaped reversal
Bitcoin: Lowest 70,600, highest 74,800, nearly 5% rebound intraday, stabilized above 73,000, with clear resistance at 75,000. Selling pressure before tax reporting mostly released, bulls returned actively.
Ethereum: stronger rebound, surged over 8% intraday, peaked at 2,395 approaching 2,400, slight pullback at the end of the session. Solid support at 2,300, good volume, elasticity clearly stronger than Bitcoin.
Evening:
Bitcoin around 74,800 (Bitcoin) and 2,400 (Ethereum), mainly high-altitude trading
Pullback to 73,500 (Bitcoin) and 2,330 (Ethereum), stabilize with light positions for short-term longs
Cautious funds before tax reporting deadline, quick in and out with light positions $BTC $ETH