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Thanos - 4.14 BTC/ETH Morning Market Analysis
We are very likely in the second year after the halving, that is, the early stage of the “acceleration phase” or “distribution phase.”
· Historical pattern: Bitcoin completed the halving in April 2024, and the bull market peak usually occurs 12-18 months after the halving【Historical pattern】.
· Current stage assessment: This means we have entered the second year after the halving. Market sentiment will shift from “doubt” to “greed,” which is also the phase with the most intense volatility.
· Key support and resistance: The prices of BTC and ETH are currently in critical zones. BTC needs to watch previous highs (such as 73000-74000) and key round-number levels (such as 70000) for support/resistance. ETH should monitor BTC.D (Bitcoin market value dominance). If it starts to decline, it is usually a signal that altcoins like ETH are about to start.
In terms of trading, stick to a low-risk “hold-and-wait” strategy, focus on how price reacts under pressure at the resistance levels, and wait for a stable entry point. Refer to around 73500 for D, target 76000; for ETH, synchronize around 2300 for D, target 2400$BTC $ETH