4.29BTC/ETH Market View:

Bitcoin is experiencing fluctuations and corrections, with many retail investors chasing highs and cutting losses, making them vulnerable! Looking at the daily chart, although Saturday and the weekend closed with two bearish candles, there is a doji and an inverted hammer; how much bearish energy can there really be? Looking back, there were seven consecutive bullish candles before that. The bearish closes over the weekend are just a consolidation for the bulls, a pullback, or perhaps a trap for the shorts!

Bitcoin is still strongly bullish, with a main strategy of buying on dips. The upper resistance could break at any moment, so remember that shorting at high levels should be short-term, with proper stop losses. Currently, the resistance is around 95,500 and 96,000, while support is at 94,000, 93,000, and 92,500. The main strategy is to buy on dips, and at 93,000 and 92,500, you can buy low, with additional purchases at 91,500. As long as it doesn't effectively drop below 90,000, the bullish outlook remains unchanged. For those who are aggressive and don't mind being momentarily trapped, managing positions near 94,000 and directly entering a long position is also acceptable; a pullback is just an opportunity to add more!

Ethereum is currently fluctuating around a price of 1,800, with resistance at 1,830 and 1,860, and support at 1,770, 1,750, and 1,720. The main strategy is to buy on dips; as long as it doesn’t break below 1,700, the bullish outlook remains unchanged. A pullback to 1,750 and 1,720 provides opportunities to buy low. Aggressive traders who manage their positions and don’t mind temporary floating losses can also look to enter around 1,770 directly, and add more if it goes lower.

How the market will move is actually unpredictable. Whether the support will hold during upward movements depends on whether the small support withstands the pullback or if the larger support kicks in for upward momentum; this is unpredictable! It’s not that mastering candlesticks guarantees profits; in the face of news, all candlesticks and technicals are meaningless! Candlestick analysis is merely a reference for entry points—support and resistance levels—to attempt to buy low or short high, which will be slightly more successful than randomly entering without considering any levels. It's 30% technique, 70% mindset, position control, setting stop losses, and techniques for moving and gradually taking profits—these are all key to profitability and none can be omitted! The above is just my personal immature opinion for reference; everyone must have their own rational judgment!