Gu Jingci: 4.30 Bitcoin/Ethereum rebounds then consolidates sideways, is a decline continuation possible?



The short-selling ideas we've been emphasizing for Bitcoin/Ethereum these days have all been validated. During the early session, as the price surged, we again reminded that short positions around 2270 and 76300 were expected to retrace and decline to around 2230 and 75200, respectively. Although the space isn't large, the overall situation is decent. Currently, the market has rebounded and risen, and the hourly chart is also tightening significantly. The resistance levels at the top and bottom reversal points of 76500 to 77000 and around 2280 to 2300 are forming short-term resistance. The 4-hour chart shows that since the surge, the price has been steadily declining, forming a series of lower highs and lower lows, indicating an overall downtrend.

On the daily chart, since the 27th, large bearish candles have appeared consecutively, accompanied by high trading volume, indicating that the daily level is also in a clear downtrend. The DIF, DEA, and MACD histogram are all operating below the zero line and continue to decline, with the DIF line below the DEA line, showing strong bearish momentum and a downward trend. The latest 4-hour and daily candles' volume has shrunk relatively, possibly indicating a short-term easing of selling pressure, but no clear buying volume signals have appeared yet.

Trading suggestions: Continue to short Bitcoin around 76100 to 76500, with targets near 73000 to 74000; continue to short Ethereum around 2260 to 2280, with targets near 2160 to 2200.

It's not about proving how high the win rate is every day; I just want to tell you that our team has always been here, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; please refer to real-time data. #WCTC交易王PK #美联储利率不变但内部分歧加剧 #Polymarket每日热点
BTC-1.13%
ETH-2.18%
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sheSh
· 3h ago
Just charge forward 👊
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sheSh
· 3h ago
Charge, charge, charge
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