Yesterday, Bitcoin could not break below $76,000, but it strengthened to around $77,300 during today's Asian session. Ethereum reached $2,283.

Over the past month, the cryptocurrency market has shown predominantly upward momentum. The leading cryptocurrency, Bitcoin, experienced significant growth, rising in price by nearly 12%. This figure shows a strengthening of the main digital asset's position and an increase in investor interest following a reduction in global geopolitical tensions.

Alongside Bitcoin, another key cryptocurrency, Ethereum, also demonstrated positive dynamics, although at a slower pace. During the same April period, Ethereum rose in price by 7.3%. This is a positive signal indicating a general recovery and strengthening of market sentiment following the active sell-off observed in recent months.

Such a general trend may be attributed to several factors. It is possible that investors have begun actively seeking riskier assets amid certain macroeconomic signals and geopolitical shifts. Furthermore, the ongoing development of blockchain technologies and the introduction of new solutions based on Ethereum continue to support interest in its ecosystem.

Overall, April 2026 has often been a positive month for the largest cryptocurrencies; however, this does not necessarily signal the start of a new bull cycle. It is more likely to be viewed as a phase of sustained market recovery. Ongoing observation of the dynamics of these assets and accompanying news flows will be crucial for understanding future trends.

Regarding intraday strategies in the cryptocurrency market, I will continue to act on significant pullbacks in Bitcoin and Ethereum, anticipating the continued development of a long-term bull market, which has not gone away.

As for short-term trading, the strategy and conditions are outlined below.

Bitcoin

Buy Scenario

Scenario #1: I will buy Bitcoin today upon reaching the entry point near $77,300 with a target increase to $77,800. Near $77,800, I will exit from the buy positions and sell immediately on the pullback. Before buying on a breakout, ensure that the 50-day moving average is below the current price, and the Awesome indicator is above zero.

Scenario #2: I can buy Bitcoin at the lower boundary at $76,900 if there is no market reaction to a breakdown back to $77,300 and $77,800.

Sell Scenario

Scenario #1: I will sell Bitcoin today upon reaching the entry point near $76,900 with a target decline to $76,300. Near $76,300, I will exit from the sell positions and buy immediately on the pullback. Before selling on a breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is below zero.

Scenario #2: I can sell Bitcoin from the upper boundary at $77,300 if there is no market reaction to a breakdown back to $76,900 and $76,300.

Ethereum

Buy Scenario

Scenario #1: I will buy Ethereum today upon reaching the entry point near $2,288 with a target increase to $2,278. Near $2,278, I will exit from the buy positions and sell immediately on the pullback. Before buying on a breakout, ensure that the 50-day moving average is below the current price, and the Awesome indicator is above zero.

Scenario #2: I can buy Ethereum at the lower boundary at $2,278 if there is no market reaction to a breakdown back to $2,288 and $2,307.

Sell Scenario

Scenario #1: I will sell Ethereum today upon reaching the entry point near $2,278 with a target decline to $2,255. Near $2,255, I will exit from the sell positions and buy immediately on the pullback. Before selling on a breakout, ensure that the 50-day moving average is above the current price, and the Awesome indicator is below zero.

Scenario #2: I can sell Ethereum at the upper boundary at $2,288 if there is no market reaction to a breakdown back to $2,278 and $2,255.