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Morning market review - Saturday, April 25, 2026

Technical analyses of 2 instruments with options data

Kacper MrukApril 25, 2026Updated: April 25, 20261 min read
Morning market review - Saturday, April 25, 2026

Morning Market Overview

The morning market overview indicates a prevailing atmosphere of greed, with the Fear & Greed Index value at 66. In the context of the current Fed interest rate of 3.50-3.75% and the upcoming FOMC meeting on April 29, investors are preparing for potential changes in monetary policy. In today's analysis, we will focus on two key instruments that may gain significance in the coming days.

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Further Reading

Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart, Bitcoin has broken out of the previous consolidation, indicating a potential upward move. Currently, the key support level is 75,000 USD, while resistance is around 80,000 USD. Trading volume remains stable, which may suggest a continuation of the current trend. RSI indicators indicate moderate overbought conditions, which could lead to a short-term correction. The medium-term trend remains positive as long as the price stays above 75,000 USD.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

On the 4-hour chart, Bitcoin encountered resistance around 78,000 USD, which slowed its rise. The price is taking on a consolidation pattern, which may suggest a potential breakout. Key support is at the level of 76,500 USD. Volume shows slight fluctuations, which may indicate anticipation of a larger move. MACD is on the verge of crossing the signal line, which may confirm further growth.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

The hourly chart shows that Bitcoin is in a consolidation phase between 77,000 and 78,000 USD. Movements are limited, and volume is decreasing, indicating a lack of market conviction. Support at the level of 77,000 USD is crucial for maintaining the short-term uptrend. Short-term indicators, such as RSI, are neutral, suggesting the possibility of a breakout in either direction.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

On the 15-minute chart, Bitcoin shows slight volatility in the range of 77,300–77,700 USD. The current movement can be described as sideways with a slight downward slope. The volume is low, which confirms the lack of activity from traders in this interval. The short-term resistance is at 77,700 USD, and the support is at 77,300 USD, which may lead to quick movements upon breaking out of this range.

Bitcoin - Options data

Options data indicates a very bullish sentiment with a low put/call ratio of 0.32. The call volume is significantly higher than the put volume, confirming investor optimism. Key resistance levels for calls are 44 USD and 47 USD, which can be translated into potential target levels for BTCUSD. The strike at 47 USD aligns with the max pain level, suggesting that the price may aim for this level by the options expiration. Support from puts is at the level of 43 USD.

Bitcoin - Summary

The overall market sentiment for Bitcoin is bullish, as confirmed by options data and the fear and greed index at 66. Key support levels are 75,000 USD, and resistance at 78,000 USD. The price is expected to continue the upward trend, but short-term corrections are possible. Investors should monitor reactions at levels of 76,500 USD and 78,000 USD as potential turning points.

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

On the daily chart, Ethereum is in a consolidation phase after a previous decline. Currently, the price is oscillating around the level of 2316.9 USD, indicating an attempt at stabilization. Major support is located near 2250 USD, while resistance is at the level of 2400 USD. Technical indicators suggest a neutral sentiment, although trading volume is relatively low, which may indicate the possibility of further volatility.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart, Ethereum shows a narrow trading range with a slight increase in volume. The price is maintained in the range of 2300-2350 USD, indicating consolidation. A breakout above 2350 USD could open the way to the level of 2400 USD, while a drop below 2300 USD could lead to a test of support at 2250 USD.

Ethereum - 1H Chart

Ethereum - 1H Chart

The hourly chart shows that the price of Ethereum is moving within a narrow range, suggesting a lack of clear direction in the short term. Support is at 2300 USD, and the nearest resistance is at 2330 USD. Oscillators suggest a neutral sentiment, but increased volatility is possible with breakouts of key levels.

Ethereum - 15-minute Chart

Ethereum - 15-minute Chart

On the 15-minute chart, there are slight price fluctuations around 2316.9 USD, suggesting limited trading activity. Short-term support and resistance are set at 2310 USD and 2325 USD, respectively. A low volume is observed, which may indicate a potential breakout in the event of a sudden market direction change.

Ethereum - Options data

Options data shows a put/call ratio of 1.10, indicating a slight advantage for put options. Market sentiment is bearish, and key support levels are at 16 USD and 17 USD for put options. The max pain level is 20 USD, suggesting that the price may gravitate towards this level at the options expiration. The current volume of put options exceeds that of calls, which may indicate further selling pressure.

Ethereum - Summary

Ethereum is in a consolidation phase with key support at 2300 USD and resistance at 2350 USD. The options sentiment is bearish with a dominant volume of put options. Key levels to watch are 2250 USD as support and 2400 USD as resistance. The overall bias is neutral to slightly bearish, which may lead to increased volatility in the coming days.

Frequently Asked Questions

How to analyze trading instruments effectively?
Effective analysis combines technical analysis (charts, patterns, indicators) with fundamental analysis (economic data, news events). Understanding both short-term price action and long-term trends is essential.
How do Fed decisions impact markets?
Fed rate decisions affect all asset classes. Higher rates strengthen USD, pressure gold prices, and often weigh on stocks. The tone of Fed communication is often more important than the decision itself.

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