2024.04.07 Sunday

Another night of rallying, is the bull market coming?

2000 blocks left until Bitcoin's fourth halving

Extra: I'm asking you, are you panicking?

Stifel strategist: Bitcoin's peak is not a good sign for US stocks

Extra: This is a big truth, but it doesn't say when~

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, there was a rebound, and if the later rebound does not break this resistance, there may be another 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 may be another 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 may be a continued downward trend. Pay attention to the support at 66600 and 64510 levels; if it breaks above, it will enter a rebound phase, with resistance at 70200 and 71660 levels.

2. Later trend:

After a rebound testing the 69000 level resistance, it fell again, reaching a high of 69800.

II. Ethereum

1. Yesterday's view:

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 may be a continued downward trend. Pay attention to the support at 3590 and 3670 levels; if it breaks above, it will enter a rebound phase, with resistance at 3200 and 3100 levels.

2. Later trend:

After a rebound that did not break the 3420 level resistance, it fell again, reaching a high of 3417.

Bitcoin

Summary: After a short-term break below the 69000 level, there was a rebound, and if the later rebound does not break this resistance, there may be another downward trend. Pay attention to the support at 66600 and 64510 levels; if it breaks above, it will enter a rebound phase, with resistance at 70200 and 71660 levels.

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 may be another downward trend. Pay attention to the support at 3590 and 3670 levels; if it breaks above, it will enter a rebound phase, with resistance at 3200 and 3100 levels.

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