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2021.04.17 Wednesday
After a rebound overnight, has the bottom been formed?
① 02:00 the next day, the Fed announced the Beige Book on economic conditions
② 05:30 the next day, the Fed's Mester delivered a speech
- Daily chart: After breaking through the 60,000 support level, there was some volatility, and if the subsequent pullback does not break this support, the upward trend will continue.
- 1-hour chart: After a short-term dip to the 62,000 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend.
Ethereum
- Daily chart: After breaking through the 3,100 support level, there was some volatility, and if the subsequent pullback does not break this support, the upward trend will continue.
- 1-hour chart: After a short-term dip to the 3,000 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend.
Bitcoin
- Yesterday's view:
Summary: After a short-term dip to the 62,000 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend. Resistance above is at 66,000 and 68,400; if broken, the downtrend will continue, with support below at 59,000 and 57,000.
- Future trend:
After a pullback, the trend rebounded without effectively breaking the 62,000 support level, reaching a high of 64,356.
Ethereum
- Yesterday's view:
Summary: After a short-term dip to the 3,030 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend. Resistance above is at 3,240 and 3,370; if broken, the downtrend will continue, with support below at 2,900 and 2,800.
- Future trend:
After a pullback, the trend maintained above the 3,030 support level without effectively breaking it, reaching a high of 3,127.
Bitcoin
Summary: After a short-term dip to the 62,000 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend. Resistance above is at 66,000 and 68,400; if broken, the downtrend will continue, with support below at 59,000 and 57,000.
Ethereum
Summary: After a short-term dip to the 3,000 support level, there was a rebound, and if the subsequent pullback does not break this support, there will be another rebound trend. Resistance above is at 3,240 and 3,370; if broken, the downtrend will continue, with support below at 2,900 and 2,800.
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