Bitcoin/Ethereum Trading Strategy and Market Analysis as of 4.25



Bitcoin/Ethereum have been consolidating with sideways fluctuations recently, with poor continuation of bullish or bearish momentum. Bitcoin is slightly stronger but also continuously pulling back. The 4-hour timeframe shows recent narrow-range oscillations, with small candlestick bodies, indicating the market is in consolidation or hesitation. The daily chart also reflects typical corrections after sharp rises or falls. Currently, the price is consolidating near the lows of the recent decline. On technical indicators, the 4-hour chart's DIF and DEA lines are both below the zero line, with DIF below DEA, and the MACD histogram is negative, indicating a current bearish trend. The negative MACD histogram is converging, possibly signaling weakening bearish momentum.

Looking at the 4-hour and daily moving averages, all are beginning to turn downward. Resistance is evident around 78,000 and 2,330 to 2,340 in the short term, but there is also some support below. It depends on whether the price can continue upward and break through and stabilize at these levels; otherwise, it is likely to form a retracement pattern during a rally, with further downside potential. Bitcoin has ended several days of consecutive gains and is now pulling back with a decline, closing in red. However, without any news catalysts over the weekend, patience is advised.

Trading Suggestions: Short near 77,700 to 78,000 for Bitcoin, with targets around 75,000 to 76,000; short near 2,320 to 2,340 for Ethereum, with targets around 2,230 to 2,260.

#WCTC交易王PK #加密市场行情震荡 #rsETH攻击事件后续进展
BTC-0.32%
ETH-0.16%
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GuJingci
· 6h ago
Hop on now!🚗
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GuJingci
· 6h ago
Just charge forward 👊
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GateUser-539bd9d1
· 8h ago
Hop on now!🚗
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GateUser-539bd9d1
· 8h ago
Just charge forward 👊
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GateUser-539bd9d1
· 8h ago
Steadfast HODL💎
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