April 8 Morning BTC/ETH Market Analysis



BTC and ETH experienced a strong rally early this morning. After breaking through short-term moving average resistance, prices entered a high-level consolidation and correction phase. Bullish sentiment continues to warm, trading volume effectively increased with the rally, and market buying momentum is sufficient. On the 15-minute chart, both BTC and ETH show a golden cross signal with MA7 crossing above MA30. The MA7 has turned upward to form a strong support, and prices are steadily rising along the moving averages. The Bollinger Bands are opening upward, the MACD red histogram continues to expand, and the RSI remains in the strong zone without overbought signals. Considering the current international situation, geopolitical uncertainties persist, and market risk aversion and bullish forces are intertwined. The short-term bullish trend is clear, with a bias toward sideways upward movement in the morning. Watch for key resistance levels to be broken.

BTC Trading Suggestion: Buy near 68,500-69,000, target 70,000-70,500, stop below 68,200

ETH Trading Suggestion: Buy near 2,100-2,115, target 2,140-2,175, stop below 2,090#国际油价走高
BTC4,21%
ETH6,21%
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BtcXiaoHevip
· 3h ago
Satellite BTC
xh12
24
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