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BTC/ETH April 13 Market Outlook and Trading Suggestions
Market Analysis
BTC currently quotes at 71,141.2, with a slight intraday pullback of 0.39%. Overall, it remains in a high-level oscillation upward pattern. The key support zone below has been significantly widened, providing ample room for pullbacks. The bullish trend has not undergone a fundamental reversal, so the primary strategy is to buy on dips. Abandoning short positions to focus on long opportunities, capturing low-entry points.
ETH moves in sync with BTC, quoting at 2,203.23, down 0.46%. Following Bitcoin’s rhythm, it exhibits greater flexibility. The support zone below has also been widened, mainly aiming to buy on dips, with target ranges expanding in tandem.
Trading Suggestions
BTC (Bitcoin)
Buy on dips in the 69,500-70,500 range in batches, targeting 72,000-72,500. If broken through, hold for 73,000-73,500.
ETH (Ethereum)
Buy on dips in the 2,100-2,180 range in batches, targeting 2,280-2,330. If broken through, hold for 2,350-2,400.