Huazi on the market April 14 evening market analysis:



Bitcoin surged early in the session and then maintained high-level oscillations, with the 15-minute price staying above 74,000 and continuing to consolidate, showing strong chip acceptance. After a short-term pullback to gather strength, the bullish momentum is sufficient, the MA7 moving average gradually stabilizes and turns, and it is supported by the MA30 moving average, likely to continue the oscillating upward pattern tonight. Pay close attention to the strong support zone at 73,800-74,000; once support stabilizes, it can be viewed as a bullish signal, with a chance to re-attack the high-pressure level.

Ethereum follows Bitcoin’s strength, with the price oscillating around 2376. The current pullback is a healthy accumulation, and the subsequent volume is expected to continue increasing, with a likelihood of coordinated oscillation and upward movement tonight. Focus on the strong support at 2350-2360; the overall strategy remains oscillating with a bias toward bullish, and pullbacks are opportunities for long entries.

Trading reference:
Bitcoin pullback to the 73,800-74,200 range can be used to establish long positions, targeting 75,000-76,000, with further gains to 77,500 if broken.

Ethereum pullback to the 2350-2370 range can be used to establish long positions, targeting 2400-2440, with further gains to 2500.
BTC3,41%
ETH5,04%
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