Crypto Community ---- Analysis for April 16, 2026


The bottom oscillation trend has been consolidating for too long. The current daily chart golden cross is testing bullish sentiment. News resonance is driving the bulls. Today, the rally on Thursday is slowing down; judging by the current situation, it may still push higher and form a divergence.

On the day: Daily golden cross. After the 4-hour cycle’s uptrend, bullish sentiment will still be watched. In the short term, the bears are not taking over, and there may still be a push higher with divergence—same as yesterday’s thinking.
Resistance levels: 76800, 78900, 2450, 2600 Support levels: 71000, 72500, 2280, 2180

BTC at the moment is at 74600. At the current price, leave 1% of the position to add around 73000... With Ethereum and others, either wait for a pullback or control your position size, and buy a little less.
Ethereum for the day: 2320, 2300, 2395 long positions. Take profit at 50 points, 80 points; stop-loss at 2375. Take profit at 2400, 2420, 2450 [If it breaks through and holds above 2400, the bulls will be more confirmed—watch for 2500 or around 2600 near the 3-day golden line].
BTC for the day: At 74600, with the current price you can leave 1% of the position to add, or go long at 73500, 73000. Stop-loss at 72800. Take profit at 76200, 76800, 77800 [With positive news, watch the 3-day golden line].

As long as this weekend the daily chart golden line continues to be supported, we will keep looking for upside...

Combine the livestream and technicals, control your position sizing and management. For reference only.
BTC0.83%
ETH1.17%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin