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April 10 Cryptocurrency Market Analysis
【Challenge Weekly Downtrend Channel】
Strategy: ✅ Not significantly dropping, preparing for a breakout at ✅
1️⃣ Major Market 【BTC ETH】 Current Key Support Levels:
【BTC】
Open Position: Pending order 1️⃣ 70800
Pending order 2️⃣ 69500
Stop Loss: 69000
Take Profit: Near 73000
【ETH】
Open Position: Pending order 1️⃣ 2150
Pending order 2️⃣ 2135
Stop Loss: 2111
Take Profit: Near 2300
2️⃣ 【ETH & BTC】 Are under weekly downtrend line pressure, currently oscillating above 70,000 (70k-72000), with the central zone oscillating. Watch for upward movement or downward breakout during consolidation.
Finally, gather strength with a deep squat, possibly breaking below 70,000, with a support level around 69500 to stop the decline and turn upward, then continue challenging weekly resistance.
Once a breakout stabilizes, long positions have a higher probability of profit.
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All opinions are personal views only.
Not investment advice, do your own research (DYOR).