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4.16 Bitcoin and Ethereum Early Morning Trend Analysis and Trading Strategy!

2026-04-16 01:02:03
Shareshare
On the daily chart, Bitcoin closed with a bullish candle near 74,800. The resistance level of 75,000 remains valid, while support lies at 73,800-73,000. Ethereum closed with a bearish candle near 2358. The resistance level of 2360-2400 remains valid, while support lies at 2300-2280. On the 4-hour chart, Bitcoin has tested the resistance level of 76,000 twice and is currently facing pressure. The current resistance level is around 75,500-76,000, with support at 74,000-73,000. Yesterday's pullback also occurred near the first support level. Ethereum has also tested the resistance level of 2400 twice and is currently facing pressure. The current resistance level is around 2380-2400, with support at 2300-2250. Yesterday's pullback also occurred near the first support level. Trading strategy: Although only some of yesterday's buy-low-sell-high strategy entries were successful, the overall strategy of buying low and selling high was correct. Today, consider shorting near resistance levels and going long near support levels. Short Bitcoin at 75000-75500, target 74000-73000, stop loss above 76000; Short Ethereum at 2360-2380, target 2300-2250, stop loss above 2400; Long Bitcoin at 73000-73500, target 74500-75500, stop loss below 72500; Long Ethereum at 2250-2270, target 2320-2370, stop loss below 2220; These strategies are time-sensitive, please refer to the information on the homepage for details, and private real-time guidance shall prevail!
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