April 13th Bitcoin and Ethereum Market Analysis

Bitcoin is currently in a normal fluctuation range, but the overall trend is somewhat weak, indicating a correction pattern. There is significant liquidation pressure below, and market sentiment leans toward the bears, with selling forces holding a certain advantage intraday. In the short term, focus should be on the resistance zone around $71,800-$72,300. If a rebound encounters resistance in this area, further downward pressure may continue.

Ethereum's recent selling pressure has started to intensify noticeably, showing typical "pull-up and dump" characteristics. During the rebound, there is a lack of sustained buying follow-up, and selling pressure gradually increases. Technically, support levels below continue to focus on the $2,150-$2,160 range. If this zone can be effectively held, there may still be a chance for oscillation and recovery; once broken, caution is needed for further downside risk.