#BTC 4.1 Afternoon Bitcoin and Ethereum Latest Ideas and Analysis

Market fluctuations are unpredictable; don’t let short-term gains or losses affect your emotions. Keep your rhythm, stay calm, avoid panic and greed, and don’t rush or be impatient. The volatility you endure will eventually turn into steady profits. Looking back at this morning, Bitcoin remains strong, with the highest point reaching 69,000, still not stopping its decline. Ethereum followed Bitcoin’s pace, hitting a new weekly high of 2,150. No panic at all; the short positions have been pulled to the average price and are still being held.

Based on the current market situation, Bitcoin is at a critical point of a battle between bulls and bears. The four-hour MACD still hasn’t released effective momentum, and trading volume remains sluggish. Overall, the market is in a consolidation phase before a direction is chosen, with neither side having a clear dominance. The daily chart shows a sideways structure, with the previous downward momentum clearly slowing down. There is a technical expectation of a short-term mild rebound in some areas, but the overall bearish pattern has not fundamentally changed. No trend reversal signals have appeared yet, so it’s best to wait for clear stabilization signals before making any moves, to avoid blind entries.

4.1 Afternoon
BTC: Short around 69,500, target 67,500
ETH: Short around 2,180, target 2,100