Wednesday Afternoon, April 21st: Latest Ideas and Operations for Bitcoin and Ethereum

The ultimate goal of short-term trading is not account numbers but improving life. Transferring a fixed profit each month, even if small, that you can see and touch, will make you more confident when trading. In the morning, Bitcoin opened high from 75,250 and continued to rise strongly, breaking through resistance in the afternoon and soaring to 78,447. Ethereum started rising from 2,299 and successfully broke through the 2,400 level in the afternoon, reaching a high of 2,414 before slightly pulling back. Multiple long-entry ideas provided from the evening to early morning led to a big harvest.

Based on the current market situation, this rebound is driven by news and short covering, not a genuine trend reversal. Four-hour level: Bollinger Bands. Price surged and then fell back below the upper band, with the upper band acting as clear resistance. The signal of resistance at high levels is obvious, and there is currently a lack of momentum to break through the upper band. The market has entered a standard pattern of “rapid rise + stagnation + correction.” Buying pressure from chasing highs in the morning is weakening, MACD signals at high levels are dull, and short-term bears are gathering strength. In the afternoon, Lao Ma provided a high-altitude short idea.

Wednesday Afternoon Trading Ideas:
Bitcoin: Short around 78,300. Target 77,000
Ethereum: Long around 2,410. Target 2,320