4.7 BTC-ETH Intraday Trading Recommendations (Long Positions Remain the Main Theme)

ETH: Profitable swing trading: I've consistently emphasized the 2000 level as a buying opportunity. As shown in the 4-hour chart, the 2000 support level has been tested three times without breaking down, with a high of 2174. A long position could have yielded 170 points. Currently priced at 2110, the trend remains unchanged. Buy on pullbacks to support levels, targeting the 2300 level. Recent price action has been relatively simple; buying on pullbacks is the main strategy. Short positions can be taken when prices reach resistance levels, but avoid holding short positions for too long. ETH trading recommendations for April 7th: Buy in the 2100-2080 range, targeting 2180, 2230, and 2300 respectively. BTC: I haven't consistently updated my views on Bitcoin. Bitcoin has consistently moved in the same direction as my analysis. After a sharp drop to a low of 64900 at the end of March, Bitcoin began to rise, reaching a high of 70200 as of this writing. The price action followed the same pattern as ETH, with repeated fluctuations and a slightly bullish bias, and the lows kept moving upwards. Note the previously mentioned support level of 2000 for ETH, which is constantly rising, and the support level for Bitcoin, 65000, is also constantly rising. Intraday, a pullback to support levels should trigger another upward move. Short-term support levels are 66000-65000. BTC Trading Recommendation (April 7th): Buy on pullbacks to the 67000-66500 range, with a target of 69500-71000.