4.25 Friday Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions

In the afternoon, Bitcoin completed a technical consolidation near 93144 and showed a slightly strong upward trend, reaching a maximum of around 94085. Ethereum also strengthened simultaneously, peaking at around 1792. Senior analyst Xiao Ge accurately predicted this bullish trend in the afternoon strategy report, and his trading suggestion to "establish long positions based on the support level of 93000 USD" was perfectly validated by the market.

From a daily chart perspective, the current price has maintained a high-level consolidation pattern for three consecutive trading days, facing multiple technical resistance levels above: the structured resistance level formed by previous highs significantly limits the price's breakout momentum. On the 4-hour chart, the market is exhibiting a typical divergence correction trend, with the moving average system gradually flattening out, and the price fluctuation range continuously narrowing. Although the bullish structure on the 1-hour chart appears intact, the MACD indicator has consistently shown signs of a top divergence. This deterioration in small-scale technical indicators, combined with the suppression effect from larger cycles, could trigger a chain reaction adjustment trend. Once the moving average support level is effectively breached, it will confirm the official start of a short-term adjustment trend. The overall market risk is currently manageable, and all fluctuations fall within the scope of healthy technical adjustments, with no signs of systemic risk. Looking into the evening, we anticipate a bearish pullback correction.

Bitcoin: Short near 94500 with a short-term target of 92500

Ethereum: Short near 1800 with a short-term target of 1720