4.28 BTC/ETH Bitcoin [Dabing] and Ethereum [Erbing] Latest Trading Idea

Since the early trading surge yesterday, we have repeatedly issued short-position layout signals at key resistance levels: Bitcoin in the 78,000-79,000 range and Ethereum in the 2,330-2,400 range. In the following move, the market rose as expected and then pulled back. Bitcoin has realized more than 3,000 points of downside room, and Ethereum has also captured more than 150 points in profit, fully validating our judgment logic.

The market is currently in a narrow-range consolidation phase after a round of deeper pullback. At the daily level, the trend has initially reversed, and a retracement downward channel has begun. From the 4-hour cycle, after prices rallied, they encountered heavy, concentrated selling pressure; the market then printed consecutive large bearish candles accompanied by high-volume selloff. The top reversal pattern is clearly formed. The latest 4-hour K-line is bearish; its closing price is not only below its opening price, but also breaks below the previous K-line’s opening price, clearly showing that the bears have completely taken control of the board and that the market’s weak structure continues.

Technical indicators also confirm bearish momentum in parallel: at the 4-hour level, the MACD indicator has formed a dead cross signal, with the DIF crossing below the DEA. The histogram continues to stay negative and gradually expands, indicating that bearish force is still being released. During yesterday’s rally and pullback, the selloff came with a volume surge, suggesting that large amounts of capital are concentrated in exiting; the sell-side pressure above remains strong.

The trading approach continues to favor a bearish strategy: Bitcoin can continue to build short positions around 77,000, with targets toward the 74,500-75,500 range; Ethereum can follow with shorts around 2,300, targeting the 2,200-2,230 range.