4.7 Big Ball BTC and Ethereum Market Outlook

Based on the current price action, the four-hour cycle rallied to a local high level, then met resistance and pulled back; a sequence of bearish candles has confirmed a short-term correction pattern. The price is now approaching the key support at the middle band of the Bollinger Bands. Once there is an effective breakdown of this level, the downside room will open further. On the one-hour timeframe, the Bollinger Bands are opening downward, and the market’s weak characteristics are clear. After yesterday’s sharp surge, there is a technical pullback and repair requirement. In terms of execution, follow the trend approach: if the price stabilizes and holds near the middle band, consider a small-position bet on a rebound; if it continues to weaken and loses the support, then follow the trend and look for a bearish adjustment.

Big Ball BTC: Support 68,000; if it breaks down, target 67,000
Ether: Support 2,080; if it breaks down, target 2030#Gate广场四月发帖挑战 #假期持币指南 #加密市场行情震荡 #BTC #ETH