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April 10th, Bitcoin (BTC) & Ethereum (ETH) midday analysis
Bitcoin consolidating at a high level during midday, current price at 71,860, the medium-term bullish trend remains intact, with dense support in the 71,100-71,400 range below, indicating funds are absorbing the pullback. The core midday strategy is to buy on dips, avoiding aggressive chasing highs; Ethereum is moving in tandem with Bitcoin, showing weaker oscillation, current price at 2,207, with effective support at 2,190-2,200 below, and its trend fully following Bitcoin’s movement, adopting a buy on dips strategy in sync.
Trading Suggestions
• Buy on dips around 71,100-71,400 for Bitcoin, target 72,000-72,300;
• Buy on dips around 2,190-2,200 for Ethereum, target 2,220-2,240
• If Bitcoin drops below 70,900 effectively, or Ethereum drops below 2,180 effectively, exit and observe, wait for stabilization signals before re-entering $BTC $ETH $UNCX #Gate广场四月发帖挑战