4.1 Wednesday Early Morning Bitcoin and Ethereum Latest Ideas and Operations



Short-term trading is about rhythm; contracts are about heartbeat. Better to miss out than to make mistakes; better to earn less than to get liquidated. Staying alive is more important than anything. Looking back at yesterday, the market showed a pattern of rebound being blocked and pulling back under pressure. Bitcoin broke through 20,080 points, and Ethereum gained 63 points.

Based on the current market, influenced by positive news, a rebound has occurred, but it shows signs of weakness. The fast and slow lines of the four-hour MACD are converging, with a potential death cross forming. The red energy bars are approaching the zero axis, indicating that the rebound momentum has been nearly exhausted. The one-hour MACD has already formed a death cross, with green energy bars turning red, signaling that bearish momentum is releasing. The RSI has fallen below the 50 midline into the weak zone. The Bollinger Bands are opening downward, and the price is moving along the lower band. Therefore, the old bulls will give a high-short idea.

Wednesday Early Morning Strategy:
Bitcoin: Short around 67,800, target 66,800
Ethereum: Short around 2,100, target 2,000
BTC-2,37%
ETH-2,2%
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