2026-04-09 00:43:23

4.9 Thursday Morning Wind Market Analysis

BTC surged to 72,800 last night and met resistance, forming a double-top with two peaks. After pulling back to 70,700, it launched a rebound to 71,900 in the early morning, then moved into a period of consolidation and range trading. Yesterday, two waves of long positions around 71,000 were captured with precision—the rhythm was completely under control.

The daily bullish trend has been fully ignited! All moving averages have turned upward, providing support. A golden cross is dispersing strongly, creating a powerful resonance, and the support below is unbreakable. Volume is healthy with no sluggish/stagnant uptick, bullish funds are sustaining and carrying strongly, and the upward breakout momentum has not decreased at all—the major upswing is still on the way.

Trading Suggestions
Bitcoin: Buy in batches in the 70,000-70,700 range, targeting 73,500

Ethereum: Buy in batches in the 2,150-2,170 range, targeting 2,300

BTC0,38%

ETH-0,25%

View Original

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.