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【April 14】Bitcoin / Ether Market Strategy Analysis
Negotiations have restarted, but have you caught this move? As expected, it’s time to renegotiate again.
The market is now tightly linked to the US-Iran situation, and the reaction is intense. This morning it directly surged to around 74800. Thankfully, we didn’t get greedy with our short positions yesterday, and we closed them all around 70800.
Why did we exit? Because at the 70500 level yesterday, it tested three times but still couldn’t drop below it—so I knew something was going to happen. Sure enough, it did!
The bulls are winning big, but don’t rush to chase this violent rally. The bulls really are winning big.
The daily chart directly broke through the resistance level, and the indicators are all firing on all cylinders. 73000 is now turning from resistance into a solid floor. Above, 75000-76000 is waiting to be broken through.
The 4-hour rise has been too aggressive, so it needs to catch its breath a bit, but it doesn’t affect the trend of continuing higher. Pullbacks are an opportunity to pick up chips.
The 1-hour chart has been wobbling in the high zone—purely because it’s tired from the run and needs a rest. The key is to watch the 73000-72500 area. As long as this region holds and doesn’t break, it’s likely the market will keep taking off afterward.
4.14 Bitcoin Trading Strategy:
1、Go long near 73500, protect 72500, target around 74800
2、Short near 75000, protect 45800, target around 73500
4.14 Ether Trading Strategy:
1、Go long near 2290, protect 2250, target around 2380
2、Short near 2380, protect 2420, target around 2290
$BTC $ETH $GT #Gate13周年Dr.Han公开信