$BTC 4.19 Bitcoin and Ethereum Latest Nighttime Ideas and Analysis



So-called faith is looking at the account going to zero, still believing that the next K-line will break through the gloom direction. Reviewing Sunday morning, Bitcoin hovered around 75,600 with continuous fluctuations, and in the afternoon, it experienced a decline, then rebounded to the current level of 75,639.
Ethereum followed Bitcoin's trend, continuously oscillating around 2,340 in the morning. After a decline in the evening, the market rebounded to the current 2,326.

From the current market situation, the short-term is biased bearish, and the medium-term is sluggish. The four-hour MACD has shown a death cross signal, indicating weakening short-term bullish momentum. Resistance above is concentrated around the 77,600 level. The daily chart’s fast and slow lines are converging and flattening, with a weak and shrinking red histogram, indicating exhausted bullish momentum without volume-driven surge. The Bollinger Bands are tightening overall, signaling a potential trend reversal. The bands are converging and flattening, with the upper band at about 78,100 and the lower band at about 74,100, fully fitting the current oscillation range. The convergence itself also indicates reduced volatility and an approaching trend change.

4.19 Night Trading Strategy
If Bitcoin volume increases and stays above 76,000, it opens further upside space, with the next target aiming at the previous high of 78,333 or even higher. Be cautious of thin liquidity over the weekend and watch out for false breakouts.
A confirmed effective break below 75,200 with a close will likely damage the short-term bullish structure, with a probable retracement to the 74,000-73,000 zone.

If Ethereum volume increases and stays above 2,342 with a close, the next target is around 2,400-2,463.
A confirmed effective break below 2,316 with a close will likely lead to a retracement to 2,280 or further down to the support zones of 2,250-2,200.
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K-LineHunterOldLei
· 6h ago
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K-LineHunterOldLei
· 6h ago
Gen Dan🏠
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