$BTC 4.3 Nighttime Bitcoin and Ethereum Market Analysis and Trading Suggestions

From a technical perspective, the market surged to 67,350 points after data confirmation, but this was not a genuine breakout signal; rather, it was a classic trap to lure in long positions. The price briefly moved higher and then quickly retreated, indicating that the bulls lack sustained momentum. The key resistance levels were not firmly broken, which instead triggered a strong counterattack from the bears. The subsequent continuous decline has already announced the complete failure of this bullish push.

Currently, the moving average system on the chart has clearly shifted to a bearish alignment, with prices being suppressed below the short-term moving averages. This is a standard weak market pattern. Any short-term rebounds will face heavy resistance from multiple moving averages above, making effective breakthroughs unlikely. The bearish trend has taken control of the market rhythm, and the bulls are temporarily powerless to reverse the situation.

In this structural context, market sentiment is biased toward the downside, and prices are likely to continue falling. Even if there is a brief consolidation near key support levels, it is more likely a continuation of the downtrend rather than a sign of stabilization. Trading should follow the trend, mainly by shorting on rebounds or holding short positions, and avoid fighting the trend to buy the dip. If the support zones below are broken, it will further open the downward space.