4.2 Thursday Afternoon Latest Bitcoin and Ethereum Ideas and Analysis

Only faith can transcend bull and bear markets. If you only focus on the five-minute K-line in front of you, you will not only miss this gold mine but also lose yourself. Looking back, Bitcoin has fallen from the high of 68,653 to the midday low of 66,217, then briefly rebounded to the current level of 66,591. Ethereum closely follows Bitcoin's trend, dropping from the morning high of 2,159 to the midday low of 2,038. It then briefly rebounded to the current level of 2,050.

From the current market situation, Bitcoin's four-hour K-line shows a clear bearish dominance. The price has been pressured down from 69,310, breaking below the support at 67,567, and briefly dipped near 66,300 USD, confirming a double-top pattern. The moving average system is in a bearish arrangement, with EMA7/25 downward pressure. MACD bearish momentum continues to release, with volume decreasing on upward moves and increasing on declines, indicating a weak technical correction. On the macro front, Trump's speech has impacted market sentiment, increasing policy uncertainty. Therefore, Lao Lei continues the afternoon strategy of maintaining a high shorting stance. #国际油价走高

Afternoon Trading Strategy
Short around 67,000 for Bitcoin, target 65,500
Short around 2,060 for Ethereum, target 2,000