Midday Analysis



Suggestion: Buy around 78,500-79,000 for Bitcoin, watch for 77,500-77,000
For Ethereum, enter at 2,315-2,335 in the high zone, watch for 2,280-2,255.

This early morning upward move is just a short-term trap to lure buyers and inflate prices, entirely a prelude to a bearish market. The long-term daily chart and four-hour timeframe show a confirmed weak pattern, with hourly candles continuously closing lower and breaking down. Bullish rebounds are weak and face heavy resistance, unable to stabilize the market. Stick to trend-following trading principles, avoid chasing longs or bottom-fishing, follow the main bearish trend, and securely capture profits from this decline. $BTC #DeFi4月安全事件损失超6亿美元
BTC0.25%
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