April 9, BTC Market Analysis

Currently, big coin is undergoing a 4H-level retracement. The support for the retracement still refers to the 69,000-70,300 range. You can go long on dips near the support zone, with a stop loss of 1,000 points. On the upside, watch the resistance at

72,000/74,000. At present, we still cannot determine whether this rebound has finished. As long as the 4H-level retracement does not break below the 69,000 level, it is allowed to continue moving upward with the rebound. Recently, the market trend has been relatively chaotic and is heavily affected by international situations. When placing trades, everyone should try to enter near major support or major resistance.

ETH is currently also undergoing a 4H-level retracement. The support for the 4H-level retracement is around 2,080-2,120. You can go long by approaching the 4H-level support zone, with a stop loss of 40 points. The targets are 2170/2250
#加密市场回升