4.27 Initial Thoughts Analysis
From a daily chart perspective, the candlestick pattern shows a doji, reflecting a balance of power between bulls and bears, with buying and selling momentum temporarily stuck; switching to the hourly chart, the price fluctuation range continues to narrow, indicating a clear sideways consolidation phase in the market. According to long and short clearing data monitoring, the current positions of both sides are similar and in a stalemate. It is expected that the market will need some time for oscillation and accumulation before gradually clarifying the subsequent directional choice.
Today's trading strategy suggests maintaining a bearish outlook. Specific levels to reference are as follows:
Bitcoin: attempt to short in the 95000-95500 range, target price 93000;
Ethereum: layout short positions in the 1848-1858 range, target price 1700.
The above views are purely personal analysis; ensure proper risk management.