4.25 Saturday Morning Market Analysis



Yesterday, BTC maintained a sideways consolidation overall within the 77,308—78,546 range, with the market oscillating as it paused and regrouped. ETH moved in a highly correlated manner; under pressure, it traded within a tight 2,298—2,331 range, and the overall rhythm remained synchronized with BTC.

From a market-structure perspective, on the four-hour cycle, bullish and bearish moves alternate and repeat, with candlestick bodies contracting. Overall, the price action shows an oscillation-and-drift-lower pattern, but selling volume has continued to remain persistently scarce. The coin price stays close to the middle Bollinger Band, following a short-term choppy, back-and-forth rhythm. After the earlier surge to higher levels, the current phase is a typical “sideways-to-drop” repair/recuperation rather than a bearish trend reversal; downside room is firmly constrained.

On the hourly timeframe, weakness faces repeated pressure at the middle band area. It drifts slightly lower with minor oscillations, but the follow-through is severely lacking. There are no signals of a one-way deterioration, and the market still remains in a range-bound washout pattern. Judging by the overall market structure, the short-term weakness is only a brief correction; the core idea remains unchanged: hold and look to go long on pullbacks.

Short-term trading reference

BTC: Place long orders around the 77,000 level; the rebound upside target is 78,500.
ETH: Buy in batches within the 2,282—2,300 range; near-term, look toward the 2,350 level. $BTC $ETH
BTC-0,08%
ETH0,42%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin