Gu Jingci: 4.30 Bitcoin/Ethereum weekly chart ends with consecutive gains, trend turning downward



Bitcoin/Ethereum last night, accompanied by news, ended recent sideways consolidation and retested lower, breaking recent lows with the lowest reaching around 74,900 and 2,220 respectively, with an overall bearish trend and obvious selling pressure above. The 4-hour chart shows recent prices sharply falling from high levels, with two large-volume bearish candles in a row indicating strong bearish force. Subsequently, prices rebounded, just reaching the previously tested sideways consolidation area that was not broken, showing a clear top-to-bottom reversal, indicating selling pressure exists above during the rebound.

The daily chart has shown consecutive bearish candles with high volume in recent days, confirming the market is in a clear downtrend, with the current daily being a slight rebound. The 4-hour MACD indicator's DIF and DEA are both below the zero line, with DIF below DEA, and the MACD histogram is negative, overall indicating a bearish trend. The current rebound candlestick volume is relatively shrinking, showing insufficient buying power, limited rebound momentum, and unable to sustain continuous price increases.

Morning trading suggestions: Continue short positions near 76,300 to 76,800 for Bitcoin, targeting around 74,000 to 75,000; continue short positions near 2,270 to 2,290 for Ethereum, targeting around 2,180 to 2,220.

We are here every day, not to prove how high our win rate is, but to tell you that our team has always been here, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only; please bear the risks yourself. The article review and publication are not timely, so please refer to real-time data. #WCTC交易王PK #美联储利率不变但内部分歧加剧 #Polymarket每日热点
BTC-0.35%
ETH-0.91%
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GuJingci
· 36m ago
Hop on now!🚗
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GuJingci
· 36m ago
Just charge forward 👊
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