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Analysis of Bitcoin and Ethereum market on April 25: What to watch for BTC and ETH today

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Market Review

Yesterday, BTC maintained a consolidation, as expected. In the near term, attention should be paid to the tariff process and the Federal Reserve's interest rate cuts. Intraday expectations are to continue consolidation and recovery. Previously accumulated positions can be appropriately reduced. The big cycle market is recovering, so patience is advised.

The secondary market followed BTC's synchronous consolidation, as expected. Those who entered earlier can appropriately reduce their positions. Patiently wait for the big market to stabilize, with intraday expectations of maintaining consolidation and a recovery-oriented market.

Altcoins followed the mainstream synchronous adjustment with limited fluctuations. Patiently wait for the mainstream to stabilize before taking action. Focus on the primary market. BSC has become more active, and direct buying of MEME-type coins is recommended. The BSC ecosystem is expected to recover, with CAKE worth considering and currently maintaining a healthy status. SOL chain activity has somewhat recovered, so more attention can be paid to MEME coins. For existing positions, patiently wait for market recovery.

Today's Highlights:

BTC's 1-hour and 4-hour levels return to healthy levels, with daily levels also returning to health. Intraday expectations are to maintain consolidation. Intraday support is 91,500-92,000, with resistance at 93,500-94,500.

ETH's 1-hour and 4-hour levels return to healthy levels, with daily levels also returning to health. Intraday expectations are to maintain consolidation. Intraday support is 1,680-1,730, with resistance at 1,800-1,850.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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