4.25 Initial Morning Analysis

Bitcoin: The market experienced significant fluctuations in the early morning. After a dip to the 92600 level, bulls quickly exerted strength to push for a rebound, reaching a high of 93900 before encountering resistance and falling back.

Ethereum: After starting a rebound at 1745, it peaked at 1773, accurately validating the previous prediction logic of 'pullback first, then go long'.

Technical Analysis

The hourly chart for Bitcoin shows that the 95000 level has become a key resistance that bulls find difficult to surpass. After several failed attempts to test this level, a double top formation is emerging. In the candlestick patterns, the appearance of doji and inverted hammer candles alternates, visually reflecting the continuous decline in bullish momentum. The Bollinger Bands are gradually narrowing, with the upper band flattening, indicating that short-term upward movement is severely constrained and the market is showing signs of 'weakness in rising'.

Strategy Suggestions

Bitcoin: It is recommended to lightly position short orders in the 94500-95000 range, with a stop-loss set above 95500, targeting 92000.

Ethereum: Consider shorting on the rise in the 1780~1800 range, with a short-term target of 1730.