$BTC 4.20 Morning Bitcoin and Ethereum Latest Ideas and Analysis

A day in the crypto world is like ten years in the human world. Every second here is creating a myth, every second is destroying mediocrity. Don’t talk to me about risk; living itself is risky. The biggest failure is when you don’t even have the courage to try. Looking back at early morning, Bitcoin dropped straight from the evening high of 76,200 to the early low of 74,376. It then rose to the current level of 74,630. Ethereum closely followed Bitcoin’s trend, dropping from the evening high of 2,348 to the early low of 2,272. So, the ideas I shared with everyone yesterday are completely consistent. Yesterday, we led the team to take two long positions on Bitcoin and Ethereum, totaling a profit of $30,000.

From the current market situation, the four-hour chart of Bitcoin is in a typical strong accumulation phase. Although the price slightly retraced from 78,300 to around 75,600, the moving average system remains clearly bullish, with EMA50 and EMA200 continuing to rise. The price is steadily above the key moving averages, and the medium-term bullish foundation remains intact. From a pattern perspective, the retracement shows decreasing volume and higher lows, which is normal consolidation after an uptrend, not a trend reversal. More notably, the four-hour MACD shows a slight bullish divergence—price did not make a new low, but the indicator’s lows are higher, indicating a brewing technical correction. On the capital side, spot ETF inflows have been significant for two consecutive weeks, with strong institutional allocation willingness, providing solid liquidity support for the market.

Morning Trading Ideas
Buy near 74,000 for Bitcoin, target 76,200
Buy near 2,250 for Ethereum, target 2,348#山寨币强势反弹