April 9 Evening BTC & ETH Market Forecast and Analysis

In the evening, BTC and ETH continued their volatile downward trend, testing lows and then rebounding. BTC hovered around the 70,000-71,000 range, facing resistance and pulling back; ETH moved in sync, with precise levels and practical strategies as follows, providing only deterministic results without probability-based speculation.

1. BTC Precise Evening Trend and Operations

- Strong Resistance Above: 71,000-71,200 (intraday rebound resistance level, dense area of trapped positions)
- Strong Support Below: 69,800-70,000 (intraday defensive bottom line, institutional support zone)
- Intraday Target: 70,200-70,500 (core range at evening close)

After opening in the evening, BTC initially rebounded slightly to test the 71,000-71,200 resistance. After facing resistance, it oscillated downward, gradually probing the 70,000 mark. Finding support between 69,800 and 70,000, it slightly rebounded, ultimately closing between 70,200 and 70,500. The entire day showed a pattern of rising and falling, testing lows and rebounding, with a volatile range locked between 69,800 and 71,200, with no breakout trend.

Practical Strategies

- Short: Enter in batches within the 71,000-71,200 range, with a stop-loss above 71,500, targeting 70,200-70,000, and exit upon profit
- Long: Enter in batches within the 69,800-70,000 range, with a stop-loss below 69,500, targeting 70,500-70,800, and exit upon profit
- Position: Maintain a light position of 20-30% throughout, strictly enforce stop-loss, avoid chasing highs or selling lows

2. ETH Precise Evening Trend and Operations

- Strong Resistance Above: 2,190-2,200 (intraday rebound resistance, moving average pressure zone)
- Strong Support Below: 2,150-2,160 (intraday defensive bottom line, previous oscillation platform support)
- Intraday Target: 2,170-2,180 (core range at evening close)

ETH moves in full correlation with BTC. After opening in the evening, it followed the rebound to test the 2,190-2,200 resistance. After resistance, it oscillated downward, probing support at 2,150-2,160, then stabilized and rebounded, ultimately closing between 2,170 and 2,180. The volatility range is between 2,150 and 2,200, with greater elasticity than BTC. The decline amplitude is amplified in sync, with no independent breakout trend.

Practical Strategies

- Short: Enter in batches within the 2,190-2,200 range, with a stop-loss above 2,220, targeting 2,160-2,150, and exit upon profit
- Long: Enter in batches within the 2,150-2,160 range, with a stop-loss below 2,130, targeting 2,180-2,190, and exit upon profit
- Position: Strictly control within 20%, as ETH is more volatile; never hold heavy positions for speculation