🚨4/15 midday BTC/ETH market quick report🚨

🔶Yesterday, Bitcoin dipped to around 83700 and started to rebound. Our long positions from yesterday at 84267 to 83940 rose to around 85700 after entering previously, and we timely posted to suggest reducing positions. After reducing positions in the evening, the price began to retrace back to around 83700. Our supplementary position at 83940 has also been reached. Today, it surged again to around 85800, with a gain of 1800 points during this period. Now, the resistance at the 86000 level seems to be relatively strong.

ETH was bullish around 16100, and it also reached around 1690 yesterday. I reminded everyone to timely reduce their positions. In the early morning, it dipped to the 1603 line. Our average cost position near 1600, I'm not sure if everyone managed to add in advance. If you did, then now it's around 1650, which means there's a floating profit of 50 points. Today, as I mentioned before, we will just follow yesterday's article. Now that I'm done with my tasks, let's discuss today's market trends!

🔶$BTC The daily price level has now entered the cloud. From the chart, this position should not be under pressure, and there is further upward potential. Resistance is at the previous high of 88500 and the top of the cloud at 91600. Support is near the baseline at 81600 and the turnaround line at 80270.

🔶The current price on the 4-hour chart has broken through the benchmark line at 84417 and the EMA200 moving average near 84000. These two levels are currently providing some support. Additionally, there is support around the benchmark line at 82500 and the top of the cloud at 81460. Today's low long positions can refer to these levels. The members of the E Jia Jun had also provided long positions near 84400 and ETH around 1610 this morning, and most have entered the market in advance near these levels. (As shown in the figure below, the 4-hour chart is showing an upward trend, and the downward trend line is receiving effective support.)

🔶The hourly chart now has new support around 85069 (turning line support) and around 84752 (base turning line support) as well as support near the top of the cloud at 84550 below.

🔶$ETH Long positions need to pay attention to the new resistance level at 1647, the baseline resistance, and the resistance near 1670 at the top of the four small cloud layers mentioned yesterday. If these levels break effectively, we can look at around 1744!

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