$BTC 4.2 Weeknight Update: Bitcoin and Ethereum Latest Ideas and Analysis

3. The most frightening thing in the crypto world isn't a sharp decline, but greed and overconfidence. Earn within your understanding, set proper stop-losses and avoid holding through losses, don't gamble on news or chase highs. Long-term stability is more important than overnight riches. Looking back at the afternoon, the market dropped to 66,648 and then hovered around 66,418-66,450, roughly oscillating within that range. Ethereum followed Bitcoin's move, with a low of 2,040. Currently, it is oscillating around 2,037. Continue holding short positions tonight.

Based on the current market, the four-hour chart shows a high-level contraction and sideways movement, with bullish momentum waning and a lack of rebound strength. Wait for a pullback to confirm support before re-entering. Watch for the lower band of the moving averages and Bollinger Bands, wait for confirmation signals before entering. Look for patterns like engulfing or morning star, combined with increased volume to add positions. During sideways markets, reduce frequent trading. When signals are unclear, stay in cash and observe. Breakouts require volume; volume-driven breakouts are genuine, while low-volume breakouts are often false signals—exit promptly.

Weeknight after Thursday, :

BTC: Enter around 67,000, target 65,500
ETH: Enter around 2,060, target 1,980