4.6 Monday Afternoon Bitcoin and Ethereum Latest Ideas and Analysis

Faith is the private key, time is the computing power. Gains and losses are all part of the prelude; consensus will eventually break through. This time, what we want is an entry ticket to change the world. Looking back at Bitcoin this morning, after dropping from the high of 69,588 to the low of 68,776, it continued to oscillate around 69,000.
The current level is 69,187. Ethereum is closely following Bitcoin's trend; after reaching a high of 2,147 this morning, it has been oscillating around 2,130.
The current level is 2,138.

Brothers, Lao Lei is watching the four-hour chart. A rise to around 69,500 is just a rebound, not a reversal. Two consecutive large-volume bullish candles on the four-hour chart suggest strong bulls on the surface, but the daily high of 70,000 is an iron ceiling. The MACD red bars are enlarging, and the golden cross indicator looks promising but actually indicates insufficient momentum—typical rebound exhaustion signals. After five consecutive bullish days, the bulls are clearly weakening; KDK and RSI are both turning downward, and the hourly price has fallen back below the upper band. The MACD bullish momentum is also shrinking. Overall, the market is just oscillating within a range of 70,000 to 65,000. Don’t be led by the pump before a breakout. Regarding funding rates, although the bullish momentum has slightly eased after the pump, the fear index is only 12, indicating "extreme fear." On the macro level, tariff policy shocks continue to ferment, large holders are reducing their positions, and large inflows into exchanges are creating selling pressure. So Lao Lei will continue the high short-term outlook this afternoon.

Afternoon Trading Strategy
Short Bitcoin near 69,500, target 68,000
Short Ethereum near 2,150, target 2,080