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$BTC April 3rd Morning Bitcoin and Ethereum Latest Ideas and Analysis
The market is never short of opportunities; what’s lacking are precise judgments and decisive execution!
Tonight’s performance is just the beginning. In the next wave of the market, I will continue to help everyone earn big 🚀. Looking back, the highest was up to 67,400 in the early hours, then it declined and fluctuated around 66,596. Currently, it’s hovering around 67,090. Ethereum is following Bitcoin’s trend, with the highest between 2,074 and 2,047, now oscillating around 2,060. Continue holding short positions.
Based on the current chart, the four-hour timeframe shows the middle band trending downward, with the price near the lower band, indicating clear weakness. There are consecutive bearish candles, with lows constantly being refreshed. The rebound is weak, with each high lower than the previous one. The candlestick bodies are mostly bearish, with no volume on bullish candles and increased volume on bearish candles. Following Bitcoin’s plunge, the price is approaching the intraday lows, with highs and lows moving downward. The downward channel is intact. Rebounds lack volume, and declines are accompanied by increased volume. Moving averages are bearish, MACD is in a bearish state, and KDJ is at a low level with no reversal. The main trend is downward, market risk appetite is shrinking. Due to Middle Eastern news and sudden positive developments, immediately cancel orders if necessary.
Friday morning, 4.3
Btc: Enter short around 67,000, target 65,500
Eth: Enter short around 2,060, target 1,980