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4.13 BTC/ETH Market Outlook and Trading Suggestions
Market Analysis
BTC/ETH are moving weaker in sync, both dropping over 2.6% intraday, entering a clear short-term correction cycle. Resistance above is strong, and capital outflows are driving the continued weakness. The overall strategy is focused on shorting from high levels.
Trading Suggestions
BTC: During the rebound to 71,000-72,500, gradually short in batches, with targets down to 69,000-70,000
ETH: During the rebound to 2,200-2,280, gradually short in batches, with targets down to 2,100-2,150