2024.04.06 Saturday

Near the weekend's fluctuations, is a new opportunity brewing?

JPMorgan: The SEC will finally approve a spot Ethereum ETF

Extra: We have insider information, everyone hurry and grab it~

FTX has sold approximately $1.6 billion worth of locked SOL tokens, each priced at $64

**Extra: This price is indeed "the more you buy, the more you save"~

1. Daily chart: After breaking through the 61000 level, there was some fluctuation, and if the later pullback does not break this support, it is still an upward trend.

2. 1-hour chart: After a short-term break below the 69000 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a downward trend.

II. Ethereum

1. Daily chart: After breaking through the 3200 level, there was a pullback, and if the later pullback does not break this support, it is still an upward trend.

2. 1-hour chart: After a short-term break below the 3420 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a downward trend.

I. Bitcoin

1. Yesterday's view:

Summary: After a short-term break below the 69000 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a continued downward trend. Support below is at 66600 and 64510; if it breaks above, it will enter a rebound phase, with resistance above at 70200 and 71660.

2. Later trend:

The later trend rebounded but did not break the 69000 level resistance, maintaining a fluctuation below it, reaching a high of 68585.

II. Ethereum

1. Yesterday's view:

Summary: After a short-term break below the 3480 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a continued downward trend. Support below is at 3590 and 3670; if it breaks above, it will enter a rebound phase, with resistance above at 3200 and 3100.

2. Later trend:

The later trend rebounded but did not break the 3480 level resistance, maintaining a fluctuation below it, reaching a high of 3352.

I. Bitcoin

Summary: After a short-term break below the 69000 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a continued downward trend. Support below is at 66600 and 64510; if it breaks above, it will enter a rebound phase, with resistance above at 70200 and 71660.

II. Ethereum

Summary: After a short-term break below the 3420 level, it maintained a fluctuation, and if the later rebound does not break this resistance, there is still a continued downward trend. Support below is at 3590 and 3670; if it breaks above, it will enter a rebound phase, with resistance above at 3200 and 3100.

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