Midday Analysis


Suggestion: Buy around 78,500-79,000 for Bitcoin, watch 77,500-77,000
For Ethereum, enter high at 2,315-2,335, watch 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 trend. The long-term daily and four-hour weak trend formations have already been established, and the hourly chart shows continuous bearish closes breaking downward, with bulls struggling to rebound and facing severe resistance, making it impossible to stabilize the market. Stick to trend-following trading principles, avoid chasing longs or bottom-fishing, closely follow the main bearish trend, and securely capture profits from this round of decline. $BTC #DeFi4月安全事件损失超6亿美元
BTC0.11%
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