4.3 Midday Market Outlook

$BTC Thoughts

BTC 65,500 shows strong support, repeatedly testing without effectively breaking below. Each pullback to this level results in a staged rebound. Yesterday, after testing 65,500 again, it stabilized and rebounded, but this rally failed to break through the resistance at 67,638, only creating a false breakout at the lower boundary of the flag pattern, and did not re-enter the flag range. It then fell back again and is now approaching the 65,500 support level.

If this pullback to 65,500 rebounds but still cannot break the previous high of 67,405 or set a new high, then the support at 65,500, which has been tested multiple times, is likely to be broken. Previously, the rebounds from 65,500 were strong, with gradually rising highs; the last two rebounds saw decreasing highs, indicating a clear weakening of rebound momentum. Once 65,500 is broken, the first support below is 64,930. If this level is broken directly, the next target is 63,832, waiting for a sign of stabilization.

For BTC to stabilize and reverse, it must return to the flag pattern zone and break through the resistance at 67,638. Otherwise, it is likely to fluctuate between 66,252 and 67,300, waiting for a confirmed breakout or breakdown to determine the direction.

Trading Strategy

• Break above 66,893 with volume, chase long on the right side, catch the rebound

• Break below 66,253 with volume, if a rebound cannot recover, chase short on the right side

• Strictly set stop-loss

Level Targets

• 1 Hour: Break and hold above 66,893, target 67,598-68,591; if unable to hold above 66,893, no upward space for now

• 4 Hours: Break below 66,239, target 65,561-63,810

Resistance/Support

• Resistance above: 66,893-67,598-68,591

• Support below: 66,285-65,500-63,840

$ETH Thoughts

ETH is currently oscillating within a trumpet pattern, with fierce competition at the key level of 2048. Holding above 2048 could challenge 2092, ending the short-term downtrend; if it continues to operate below 2048, it will likely retrace to 1990; once below 2000, it will test 1990 and also move down to the lower edge of the trumpet pattern.

Trading Strategy

• Break above 2071 with volume, chase long, stop loss on breakdown

• Break below 2043 with volume, chase short, strictly set stop-loss

• Rebound to 2011, if support is confirmed effective, go long; if broken below 1980, stop loss

• Touching 2166 above can short, break through 2200 with stop loss

• Left-side orders: buy at 1971, stop loss if broken below 1936

Level Targets

• 1 Hour: Hold above 2071, target 2125-2166

• 4 Hours: Break below 2018, target 1980-1937

Resistance/Support

• Resistance above: 2071-2125-2166

• Support below: 2037-2013-1982#Gate广场四月发帖挑战 #加密市场行情震荡 #稳定币争议升温