4.30BTC/ETH Market Outlook:

Bitcoin dipped overnight, finding support around 74,800, then rebounded, but the rebound was weak, and the hourly midline resistance was not broken. This week has been a continuous short, and it’s been quite satisfying. On Wednesday, short positions around 77,000 and 2,310 were entered; on Tuesday, short positions around 77,000 and 2,300; on Monday, short positions from a high of 79,000 and 2,390 were closed. Those who followed along have been able to profit!

The daily candlestick chart shows three consecutive large bearish candles, with the price breaking below the midline support yesterday. If today’s close remains below the midline, the bearish momentum will likely intensify again. Both the KDJ and RSI indicators are turning downward, and the MACD bearish momentum continues to expand. The daily chart still shows strong bearishness, indicating a need for a correction. The upward channel that rebounded from 64,900 has already been broken. The market retreated after testing 79,500, and with three consecutive bearish candles breaking below the midline support, we’ll see if the bulls can struggle today, Thursday. The intra-day strategy remains to continue shorting on rebounds!

Intra-day resistance levels are at 76,500 and 77,500. Consider shorting around these levels. For those already holding short positions, hold steady. After a rebound, add to your positions to maintain a favorable average price and prevent your position from becoming too heavy. If the market pulls back intra-day, support levels to watch are 75,500, 74,000, and 72,500.

Ethereum’s current price is around 2,245, with a low of 2,218 overnight. The intra-day strategy is mainly to go long at higher levels, especially above 2,300, or to hold short positions near that area. For those without shorts, watch resistance at