April 21 Morning BTC/ETH Market Forecast and Analysis



BTC Trend Forecast: Geopolitical sentiment dominates, maintaining a narrow fluctuation between 75,000 and 76,000. The 75,000 level sees intense battle between bulls and bears, likely to first retest support at 75,200-75,500, then attempt a rebound toward 76,000; the fluctuation is slightly bearish but unlikely to fall sharply, overall range 74,600-76,500. If it breaks below the previous low of 74,600, it will quickly drop to the strong support at 72,000; if it rebounds and breaks through 76,500, it could reach 77,000-77,500 (area of heavy short liquidation).

ETH Trend Forecast: Moves in tandem with BTC, maintaining a narrow range of 2,280-2,320, with weaker rebound strength than BTC, first testing support at 2,300, then rebounding to 2,310-2,320; range 2,270-2,340. Following BTC’s rhythm, if BTC breaks below 74,600, ETH will also decline to 2,250-2,260; if BTC rebounds and stabilizes above 76,000, ETH could reach 2,340-2,350.

Trading Suggestions: BTC Operations: - Light long positions on pullbacks to 75,000-75,200, target 76,000-76,500, stop-loss at 74,600; - Light short positions on rebounds to 76,500-77,000, target 75,500-76,000, stop-loss at 77,500;
3. ETH Operations: - Light long positions on pullbacks to 2,270-2,280, target 2,310-2,320, stop-loss at 2,250; - Light short positions on rebounds to 2,340-2,350, target 2,300-2,310, stop-loss at 2,370;
BTC1,56%
ETH1,07%
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