$BTC April 3rd early morning Bitcoin and Ethereum latest ideas and analysis

There are no eternal gods in the crypto world, only eternal human nature. When prices rise, don’t believe it’s the top; when prices fall, don’t believe it’s the bottom. Gains and losses are just a matter of a single thought. Control your hands, protect your positions, slow is fast, and stability is victory. Looking back, the highest in the evening reached around 68,712, then hovered around 68,000, and in the early morning started to decline to about 66,800, following Bitcoin’s trend. Throughout the day, from the morning at 21:59, it started to fall all the way down to around 20:33, then hovered around 20,56. In the evening, successfully guided traders to take long positions.

Based on the current market, the four-hour timeframe shows a rebound around 68,600–69,000, repeatedly encountering resistance. There is a bearish divergence on the four-hour chart, the 1-hour MACD shows a death cross, RSI is turning downward, volume is decreasing, and the willingness of funds to chase high is weak, with the high points moving lower and the lows also shifting lower, indicating a bearish structure. The four-hour candles show a correction with diminishing momentum, indicating a medium-term downtrend. The moving averages are in a bearish alignment, with bearish divergence + overbought conditions + insufficient volume. The Federal Reserve’s rate cut expectations are delayed, hawkish ETF capital outflows, institutional rebalancing, geopolitical conflicts recurring, and risk appetite declining. Structure: lower highs, dominated by bears.

Friday, April 3 early morning

BTC: Enter short around 67,100, target 66,000
ETH: Enter short around 2,090, target 1,990