4.29 Bitcoin (BTC) Ethereum (ETH) Latest Market Analysis and Trading Strategy

The article was edited at 00:10 am on March 29, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focusAt a time when the financial pressure caused by Silicon Valley banks is easing, the performance of First Republic Bank in the United States has significantly deteriorated, leading to a sharp drop in its stock price, further undermining the already fragile confidence in the banking industry in the market

The article was edited at 00:10 am on March 29, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focus

At a time when the financial pressure caused by Silicon Valley banks is easing, the performance of First Republic Bank in the United States has significantly deteriorated, leading to a sharp drop in its stock price, further undermining the already fragile confidence in the banking industry in the market. Analysts believe that the options for First Republic Bank to turn the situation around are increasingly decreasing and difficult, and the risk of similar closures of Silicon Valley Bank and Signature Bank cannot be ruled out.

The financial report released by First Republic Bank on Monday showed a significant deterioration in its key performance indicators for the first quarter. As of the end of the first quarter, the total deposits of First Republic Bank were $104.5 billion, a decrease of $71.96 billion and $57.59 billion, respectively, month on month and year on year, with a decrease of 40.8% and 35.5%, respectively. If we exclude the $30 billion in deposits injected by 11 large banks in the United States in March, the First Republic Bank has lost over $100 billion in deposits during this period, and most of these outflows have gone into safe haven products, including Bitcoin.

As of the day before the deadline for submission, the high point of the K-line was around 29600 and the low point was around 28890. On the macro cycle, Big Cake is still in a bullish trend. Currently, the crisis in the US banking industry has not been resolved, and in recent days, the financial reports of US technology stocks have exceeded expectations. These news are all favorable for Big Cake, so it is expected that Big Cake will once again attack the 30000 frontline in the future. In the short term, the pancake market will experience a weak and volatile downward trend within the day. The weekend and May Day holiday are approaching, and it is expected that there will not be too much volatility during the holiday. It is likely to move towards a box market.

The daily line level has been hindered by the 30000 line for two consecutive days, indicating that this level is still under strong pressure. The Bollinger belt runs parallel and is supported by the Bollinger mid rail 29000. The MACD deviation is about to end, and the KDJ is currently under pressure as it spreads upwards. The 4-hour level is supported by the MA15 daily line, with a closing trend in Bolin. Supported by Bolin's mid rail 28700, MCAD shrinkage is decreasing. In terms of operation, the main focus should be on callback and multiple connections.

Focus on the support of 2850027800 below, and 30000-30200 pressure above. It is recommended to short a light position near 30000, with a stop loss above 30500 and a target of 29600-28900. Short positions near 28600, stop loss below 28200, targeting 29000-29500. The market is constantly changing, and the specific operations are mainly based on real-time strategies.

Ethereum has reached a high point of 1920 on the K-line and a low point of 1873 on the day before the deadline for publication. The continued weak linkage of Ethereum to the big cake may be related to the market's risk aversion, as funds in the market prefer the big cake. The ether is currently in a weak state of oscillation, with a lower bound of 1860 and is expected to oscillate in the short term between 1860 and 1965.

The daily line level is supported by the MA5 daily line, with parallel operation of the Bollinger belt, and suppressed by the Bollinger medium rail 1950. The KDJ forms a golden fork and emits upwards, while the MCAD shrinks upwards. The 4-hour Bollinger belt began parallel operation, supported by Bollinger medium rail 1870, with MCAD decreasing and KDJ dead fork emitting downward. There is a demand for a pullback in the short term Ethernet, but the main direction of the long end remains unchanged. In terms of operation, the pullback and long end are the main options.

Focus on 18601800 support below, and 1960 1980 pressure above. It is recommended to short light positions near 1960 and stop losses above 1990, with a target of 1920-1880. Short positions near 1860, stop loss below 1820, targeting 1900-1930. The market is constantly changing, and the specific operations are mainly based on real-time strategies.

Due to the time constraints of the article's push, the above viewpoints and suggestions are mainly based on real-time strategies, with reasonable control of positions when making orders and avoiding heavy or full positions. Coin masters also hope that investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the profits that should have been obtained fly away. There is no need to be smarter in investing than in the market. When trends come, they should follow suit; When there is no trend, observe it and remain calm. It's not too late to start again after the trend finally becomes clear. Tomorrow's success stems from today's choices, which reward diligence through the heavens, kindness through the earth, sincerity through humanity, trust through business, excellence through industry, and heart through art. The gains and losses are all unintentional. Develop the habit of strictly taking stop loss and stop profit measures with each order. Master Coin wishes you a pleasant investment!

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