April 20, 2026 Bitcoin, Ethereum, Sol Market Analysis and Outlook 1. Bitcoin (BTC) Market: Current price 73,500–75,500 fluctuating, lower support at 73,625, middle resistance at 75,952. MACD bearish momentum diminishing. Key levels: Resistance 77,000–77,800, strong resistance 78,463; support 74,000–74,800, strong support 71,700–72,000. Strategy: Focus on shorting. Short at 75,500–76,000, stop loss at 76,500; light long positions at 73,500–73,800, stop loss at 73,000. Break above 76,500 to chase longs targeting 78,000–80,000; break below 73,500 to chase shorts targeting 72,000. --- 2. Ethereum (ETH) Market: Current price 2,250–2,350, 4-hour MACD death cross, clear downward momentum. ETF weekly inflow of $275 million. Key levels: Resistance 2,380–2,427, strong resistance 2,460–2,500; support 2,250–2,280, strong support 2,200. Strategy: Focus on shorting. Short at 2,330–2,350, stop loss at 2,380, target 2,250–2,280; light long positions at 2,230–2,250, stop loss at 2,200. Break above 2,350 to chase longs targeting 2,465; break below 2,200 to chase shorts targeting 2,080. --- 3. Solana (SOL) Market: Current price 83–87, MACD at zero line flat, RSI 52-55. Open interest increased by 8.6% over 24 hours. Key levels: Resistance 88.6–89.0, strong resistance 93–95; support 82–83, strong support 77.3–78.0. Strategy: Focus on shorting. Short at 87.5–89.0, stop loss at 89.5, target 84–85; light long positions at 82–83, stop loss at 81. Break below 81 to look for 75–78 shorts, hold above 89 to chase longs targeting 93–95. --- 4. Market Focus · Funds: BTC ETF weekly net inflow nearly $1 billion, ETH ETF net inflow of $275 million. · Events: 4/20 Tennessee Bitcoin reserve hearing; 4/21 Federal Reserve Chair nominee Waller hearing. · Liquidations: 24-hour liquidation of $290 million, longs account for $219 million. · Geopolitics: Tensions in the Strait of Hormuz, Middle East conflict remains the main source of volatility. #美伊局势和谈与增兵博弈

Today's Strategy

$ETH The ongoing tension in US-Iran relations and the blockade of the Strait of Hormuz risks are rising, with regional conflicts continuously escalating; Federal Reserve Chair Jerome Powell delivered hawkish remarks, reigniting expectations of rate hikes, the US dollar index strongly rebounded, global liquidity tightened, and risk assets came under overall pressure. Bitcoin fell below the key support of 75,000 intraday, with the daily chart showing a bearish arrangement, MACD forming a death cross downward, indicating a significant increase in bearish momentum; the 4-hour rebound was weak, price continued to be pressured below the moving averages, the downward channel opened, and the weak trend became clear. Driven by geopolitical risks, safe-haven funds shifted into the US dollar, coupled with tightening expectations, leading to a large outflow of funds from the crypto market, with long positions mainly exiting, further accelerating the decline. In the short term, the trend is clearly weakening, and it is recommended to maintain a high short position strategy, avoiding blindly bottom-fishing. Trading advice: look for short opportunities around 75,000-75,500, targeting the 72,000 area, with stop-loss based on individual positions. #KelpDAO attacked by a vulnerability: lost 116.5k ETH and $BTC