April 22, 19:05 (HKT) Market Brief and Trading Ideas: Current price BTC ≈ 77,900 USDT, ETH ≈ 2,390 USDT, after a rally during the day, it has pulled back. In the short term, the market shows a volatile pattern leaning towards a correction. Shorting at highs offers better value, avoid chasing highs.

📊 Market Overview and Core Judgment

• BTC: Currently around 77,900, surged to 78,432 in 24 hours before pulling back, facing resistance near 78,000 in the short term; Stoch indicator enters overbought zone, bullish momentum diminishes, leaning towards technical correction.

• ETH: Currently around 2,390, rising with weaker momentum than BTC, resistance at the 2,400 integer level, support below at 2,350–2,300.
Conclusion: Both are experiencing a rally followed by a pullback, with short-term overbought conditions. Trading at highs for shorting offers better value than chasing longs.

🎯 Entry and Risk Control Suggestions (Short-term)

• BTC:

◦ Shorting Range: 78,000–78,500 (intraday high-pressure zone), stop-loss above 79,000.

◦ Target Levels: First target 77,000, second target 76,000 (near previous low).

◦ Do not go long: Unless there is an effective breakout above 78,500 and stabilization, avoid chasing longs.

• ETH:

◦ Shorting Range: 2,400–2,420, stop-loss at 2,450.

◦ Target Levels: First target 2,350, second target 2,300.

◦ Support Level: 2,300 is a key zone; a break below may accelerate downward movement.

⚠️ Risk Control and Rhythm Reminder

• Position: Use light positions for trial, no more than 5–10% of total funds per asset, reserve funds for volatility.

• Stop-loss: Strictly enforce, keep risk per trade within 1–2%.

• Rhythm: Crypto markets are volatile; act near the upper end of the range after a rally, avoid chasing; after reaching targets, take profits in stages, avoid greed.

📈 Key Observation Levels (Before Close)

• BTC: Break above 78,500 indicates a trend reversal to bullish, target 79,000+; below 76,000 indicates deeper correction.

• ETH: Break above 2,420 to go long, target 2,450–2,480; below 2,300 watch for 2,250–2,200.

✅ One-Sentence Strategy

Don’t chase at highs, short at highs: For BTC at 78,000–78,500 and ETH at 2,400–2,420, set short positions with strict risk control, hold until the first target.