Bitcoin's weekly chart is trending upwards. After reaching a high of 78,000, it has pulled back and is currently testing support around 73,500. The 76,000/78,000 level is testing resistance, and it's possible it will continue upwards this week, potentially breaking through 81,000. Ethereum is currently experiencing similar resistance around 2460/2400, testing support around 2200. For Bitcoin, aggressive short-term traders can consider going long near 75,000, targeting 76,500/77,000. If the price rebounds to 76,500/77,000 overnight and fails to break through, long positions can be profitable. Short positions can be entered, targeting 74,500/73,500. If the price retraces to the 73,500/72,800 range, short positions can be opened. Consider a small long position with a target to be determined. For Ethereum, aggressive short-term traders can consider going long in the 2300/2280 range, as the current spread is not significant, targeting 2350/2380. If the price rebounds to 2350/2380 but fails to break through, short positions are recommended, with targets at 2300/2250/2200. Long positions can be considered on a pullback to the 2250/2235 range, with targets to be determined. If there is a pullback, pay attention to the support levels around 2200/2180 for Ethereum. Tonight's strategy is to buy on dips, sell on rallies if resistance is encountered, and buy on dips if support is found. This is a 1/2/1 trading method. If the price rebounds and encounters resistance early at the open tonight, short positions can be initiated immediately with a target of further decline.
Trading strategy and approach for "Big Pancake Auntie" on the evening of April 20th.
2026-04-20 13:59:40
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