4.10 Market Review

The overall market showed a volatile trend. Yesterday's rising market fell back the day before yesterday, especially in the current altcoin environment. The rise was not obvious and all retreated within one day. Compared with Bitcoin and Ethereum, altcoins need more time to show an upward trend. There are still five days in the middle of this month. I look forward to whether the market can show explosive growth during this period. Bitcoin's trend is currently trying to break through 72,000 points, but it has failed to stand firm. Ethereum failed to break through or try to break through 3,800 points after reaching the highest point of the 3,600-3,800 range again, near 3,730. The goal this month is to observe whether Ethereum can break through 3,800 points and stand firm to move further higher. Therefore, hold the assets in your hands, be patient, and don't be overly anxious. For altcoins, if there is a sharp correction, you can consider covering your position, but just keep holding. At present, altcoins have not yet fully exploded.

Today's focus

Bitcoin has currently fallen back to the support point of 68,000. According to the current daily trend, 68,000 is a line of defense. If it still consolidates in this range in the next two days, it is necessary to pay attention to adjusting the support level to the 67200-68000 range. The upper target remains unchanged. First of all, we should pay attention to whether it can stand firm at 72000 points, break the previous high, and prepare for opening up a larger space. The current trend is a bit torturous, so we must keep a calm mind.

Ethereum's trend also shows a trend of retreating from a new high after the outbreak. This trend looks tiring, but it still needs to accumulate momentum below. As long as it does not stand firm at 3800 points, it will be difficult to open up the space above. The current support level focuses on the 3450-3500 range in the short term, and the upper resistance level focuses on the 3600-3650 range first, but the main resistance is still at 3800 points. #BTC、