$BTC 4.20 Afternoon Bitcoin and Ethereum Latest Thoughts and Analysis

The market roars, and I draw my blade for battle; go all-in for life, recreating the peak. The light of faith burns every second; K-line showdowns are the horn of the brave. Looking back at this morning, after Bitcoin bounced up from the low of 73,724, the price has now reached 74,200. Ethereum, meanwhile, moved in sync with the big pie’s trend—after rebounding from the early low of 2,250, the current price is now 2,267

From the current four-hour chart, price is at the end stage of a narrow range convergence. After the fall from the previous high, the market has not played out a one-sided rout; instead, it has used time to gain space, repeatedly confirming the bottom in key areas. Every dip is quickly lifted by the bulls, while the bears are unable to drive new lows. This kind of stalemate is itself draining the bears’ sharpness. Once price holds steady above the short-term pressure line, the buy orders that have been suppressed for a long time may surge all at once, triggering a rapid rally. Conversely, if the recent support base is effectively broken through, be alert for a second leg of testing the lows. Subjectively speaking, the four-hour structure has already formed the beginnings of higher lows, with the higher high having the potential to break out. As long as no destructive bearish candles appear, the probability of an upside turn is increasing. What’s needed right now is just one bullish candle with strong volume as the signal.

4.20 Afternoon Ideas
Bitcoin: A volume breakout above 74,800 will accelerate the long trend—look to go long, target 76,240
A volume selloff that breaks down and then holds below 73,700 will accelerate the bears—look to go short, target 72,500

Ethereum: A volume breakout above 2,290 will allow positioning for longs—target 2,350
A breakdown below 2,250 and holding below it will allow positioning for shorts—target 2,200