4.25 Afternoon Brief: BTC and ETH remain in narrow fluctuations, manageable ranges, have a happy weekend!



Yesterday morning, Bitcoin dropped from 78,500 to 77,355, rose to 78,430 before the U.S. market, then fell again to 77,200 this morning;

Ethereum's volatility is too small, fluctuating around 2300--2330 throughout, with a narrow range of over 30 points.

Jingwen yesterday morning at 78,500, shorted at 23:30, took 1,000 and 30 points respectively, in the evening session, very short-term, high short and low long, also fully profitable.

BTC repeatedly tested the 78,500 resistance and pulled back; on a small cycle, this looks almost like a flat top pattern, with obvious resistance;

The 77,000 level is also relatively firm, having briefly touched 76,500 and 76,900 in the past two days, with long lower shadows pulling prices back up.

Since the beginning of this month, prices have been oscillating upward from 65,000; ETH has also surged from 1,940 to 2,463 under pressure;

Cryptocurrencies are showing good overall resilience, so for the weekend, it’s recommended to go long first, then short.

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

ETH suggestion: go long near 2,300, add on dips at 2,270, target 2,330--2,350.

No harmful guidance, just sharing ideas, adhering to community guidelines!
BTC-0,67%
ETH-0,63%
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