4.28 BTC/ETH Bitcoin and Ethereum Latest Trading Strategy

Since the rally phase starting from yesterday's early trading, we have repeatedly signaled short positions at key resistance levels: Bitcoin in the 78,000-79,000 range, Ethereum in the 2,330-2,400 range. The subsequent market moved as expected, with prices rising then falling back, Bitcoin realizing over 3,000 points of decline, and Ethereum gaining over 150 points in profit, fully validating our judgment logic.

Currently, after a dip, the market has entered a narrow-range consolidation phase. The daily trend has initially reversed, beginning a retracement downward channel. From the 4-hour chart perspective, after a rally, prices encountered concentrated selling pressure, continuously forming large bearish candles with increased volume, clearly establishing a top reversal pattern; the latest 4-hour candlestick is a bearish candle, closing below the open price and even breaking below the previous candle's open, clearly indicating that the bears have completely taken control of the market, and the weak market structure continues.

Technical confirmation of bearish momentum: the 4-hour MACD indicator has formed a death cross with DIF crossing below DEA, the histogram remains negative and gradually enlarges, indicating ongoing bearish force. During yesterday's rally and fall, there was a volume surge, showing large funds fleeing, and selling pressure above remains strong.

The trading strategy continues to favor a bearish bias: Bitcoin can be shorted around 77,000, targeting the 74,500-75,500 range; Ethereum can follow with shorts near 2,300, aiming for the 2,200-2,230 range.