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Intraday Market Key Strategy Reference Analysis
Bitcoin should focus today on the 4-hour timeframe. As long as the 4-hour candle closes above 67,400 after a pullback, the rebound trend on the 4-hour chart will continue upward. If it moves higher, watch the three resistance levels around 70,000-71,000-72,300.
If today’s 4-hour candle closes below 67,400 and cannot regain that level, indicating the rebound on the 4-hour chart has ended, and the market will start to move downward. Pay attention to the three support levels around 65,300-63,860-62,950.
Ethereum should focus today on the 4-hour timeframe. As long as the 4-hour candle closes above 1,988 after a pullback, the rebound trend remains intact. Moving upward, watch the three resistance levels around 2,089-2,150-2,192.
If today’s 4-hour candle closes below 1,988 and cannot regain that level, it means the 4-hour rebound has ended and the market will start to move downward. Watch the three support levels around 1,921-1,881-1,834.