4.24 Morning Brief: BTC and ETH face resistance in their upward movement, support levels in their decline, urgently needing a breakout.

Last evening and early this morning, Bitcoin experienced a spike to 76,500 and a drop to 76,900; respectively rebounding to 78,650 and 78,460;

Ethereum yesterday morning fell from 2,360 to 2,303, rebounded to 2,343 at midnight, then retreated to 2,283, currently rebounding to 2,340 and facing resistance.

Jingwen yesterday morning: ETH short at 2,361, gained 46 points; in the afternoon, long at 77,000 and 2,310, respectively gained 1,200 and 30 points!

Due to choppy market conditions and unclear indicator shifts on small timeframes, the bottom was not broken at the 76,000 support level, indicating a difficult path for a bearish trend to develop;

Repeated attempts to push higher near 78,500 faced clear resistance and retreated multiple times, with upper pressure levels on 2-hour and 4-hour charts around 78,800–79,000.

The daily chart shows weakening bullish volume, but the structure remains; a breakout still requires geopolitical factors to drive it! It is recommended to maintain a high sell and low buy strategy within the range today.

BTC suggestion: go long near 77,000, add on dips at 76,500, target 78,000–78,500;

ETH suggestion: go long near 2,310, add on dips at 2,280, target 2,350–2,370.