4.28 22:47|Stop copying the bottom at 2256! The double top on the daily chart tells you that the decline is far from over!



Double top pattern confirmation
1. Left peak: 2463.86 The ultimate top of this rally, bullish momentum completely exhausted.

2. Right secondary top: around 2440 The second attempt to break high failed, bullish rebound completely failed.

3. Key neckline: around 2318 The daily candle body broke below this level, officially establishing the double top structure.

The double top M-head pattern is confirmed, the medium-term upward trend has ended, and a large-scale bearish trend begins.

2. Pattern-based decline target (technical forecast)
Top height difference: 2463.86 - 2318 = 145.86 points
Break below the neckline by the same amount = first target at around 2170

3. Multiple signals resonating for a bearish outlook
① Daily high-level bearish engulfing large red candle, double top + engulfing double top reversal signals stacking
​② All daily moving averages turning downward, price has been operating below moving averages under bearish pressure
​③ MACD dead cross below zero at high levels, bearish momentum continues to expand
​④ Volume and price: high-volume decline at the top, rebound continues to shrink in volume, main funds fleeing from high levels
​⑤ All intraday rebounds show long lower shadows, indicating bearish short covering oversold recovery, not bottom-fishing

4. Current market trend analysis

① Intraday low: 2256.65, only a temporary low in the correction phase, not a trend bottom.
② All short-term rebounds are false signals after double top breakdown, only a correction in the downtrend.
​③ Highs keep moving lower, lows keep being refreshed, the bearish decline structure is intact, with no signs of bottoming or stabilization.

⚠ Strict stop-loss: daily closing price above 2300, invalidating the double top structure and exiting the position

⚠ The market never lacks opportunities, only reliable guides are needed
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⚠ Disclaimer: The above content is for reference only and does not constitute any investment advice or operational guidance. Cryptocurrency contract trading involves high risk. Please make independent decisions based on your risk tolerance and bear the trading risks yourself. #加密市场小幅下跌 #以太坊基金会解质押约4890万美元ETH $ETH $BTC
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