Analyst Liang Qiu: On April 26, BTC surged again while ETH consolidated and looks to retrace.
Bitcoin/Ethereum prices have surged again, especially Bitcoin, which broke the daily high at around 95700. The overall upward trend is strong, while Ethereum's rise is not as noticeable. For those who followed our strategy to short at 94000 and around 1780 to 1800, those who didn't exit in time are currently at cost price for Ethereum, while BTC has stopped out. The market has once again surged and then retraced, with the four-hour Bollinger Bands starting to narrow, indicating there is still room for a downward correction in the early hours. The four-hour chart shows a rise and then a pullback, with resistance at 96000 and 1850 levels. According to the daily MA indicators, the moving averages are starting to diverge, indicating that there is room for a correction and consolidation in the market. The hourly and four-hour charts are all starting to decline, and further retracement is expected in the early morning. Support levels to watch below are 1720 and near 93000. In the early morning operation, Liang Qiu suggests to short Bitcoin around 95000 to 95500, with a target near 93000; for Ethereum, short around 1800 to 1820, with a target near 1740, and protect at 96300 and 1860. Daily strategy analysis is limited, and the market is variable, mainly based on real-time data. #Gate.io 创始人12 周年公开信##MemeBox2.0 全新上线##加密市场反弹#
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Analyst Liang Qiu: On April 26, BTC surged again while ETH consolidated and looks to retrace.
Bitcoin/Ethereum prices have surged again, especially Bitcoin, which broke the daily high at around 95700. The overall upward trend is strong, while Ethereum's rise is not as noticeable. For those who followed our strategy to short at 94000 and around 1780 to 1800, those who didn't exit in time are currently at cost price for Ethereum, while BTC has stopped out. The market has once again surged and then retraced, with the four-hour Bollinger Bands starting to narrow, indicating there is still room for a downward correction in the early hours.
The four-hour chart shows a rise and then a pullback, with resistance at 96000 and 1850 levels. According to the daily MA indicators, the moving averages are starting to diverge, indicating that there is room for a correction and consolidation in the market. The hourly and four-hour charts are all starting to decline, and further retracement is expected in the early morning. Support levels to watch below are 1720 and near 93000.
In the early morning operation, Liang Qiu suggests to short Bitcoin around 95000 to 95500, with a target near 93000; for Ethereum, short around 1800 to 1820, with a target near 1740, and protect at 96300 and 1860.
Daily strategy analysis is limited, and the market is variable, mainly based on real-time data. #Gate.io 创始人12 周年公开信# #MemeBox2.0 全新上线# #加密市场反弹#