4.24 Midnight BTC/ETH Forecast and Analysis

I. BTC

1. Current Market Situation
The intraday session saw severe fluctuations of “rising high - pulling back - testing the bottom again”: the highest reached 78648, the lowest dipped to 76504.6, and the current price is around 77329. Overall, it is in a pullback phase after a wide-range consolidation at high levels. Bearish pressure was released in a concentrated manner in the late session, but support below has not been fully broken through.
- Key support: 77000-76800 (lower boundary of the intraday consolidation range), 76500 (intraday low)
- Key resistance: 78000 (lower boundary of the prior platform), 78650 (intraday high)

2. Midnight Trend Prediction
- If the price stabilizes above 77000, there is a chance for a short-term rebound and repair. First targets to watch are 77800-78200; if it breaks through, it will continue to probe toward resistance near the previous high;
- If it falls below 76800 and trading volume increases, downside room will open up. The next round of support to watch is the 76000-75500 area, and be alert to the risk of a sharp drop.

3. Trading Strategy
- Short-term long positions: try a small long position on 76800-77000, with a defensive level at 76500, targeting 77800-78200;
- Short-term short positions: if the price rebounds to 78000-78200 and faces pressure, try a small short position, with a defensive level at 78650, targeting 77200-76800.
 

II. ETH

1. Current Market Situation
ETH moves in sync with BTC. The intraday highest touched 2358, the lowest probed down to 2283.59, and the current price is around 2293.92. Overall, ETH’s trend is weaker than BTC’s and shows a linked pattern of “following the decline but not following the rise,” indicating a clearly weak pullback phase.
- Key support: 2290-2280 (near intraday lows), 2260 (lower boundary of the previous consolidation platform)
- Key resistance: 2320 (lower boundary of the prior platform), 2340-2350 (near intraday highs)

2. Midnight Trend Prediction
- If the price holds the 2280 support, there is a chance for a weak rebound and repair in the short term. First targets to watch are 2310-2330; if it breaks through, it will further probe resistance near 2350;
- If it falls below 2280 and trading volume increases, downside room will open up. The next round of support to watch is the 2250-2230 range. Be cautious about the risk of a sharp BTC-linked selloff.

3. Trading Strategy
- Short-term long positions: try a small long position on 2280-2290, with a defensive level at 2260, targeting 2320-2340;
- Short-term short positions: if the price rebounds to 2320-2330 and faces pressure, try a small short position, with a defensive level at 2358, targeting 2290-2270.
#Gate13周年现场直击 #以太坊Meme季卷土重来 $BTC $ETH