4.30 Morning Analysis

Recently, the market has been in a state of high-level fluctuations, with prices having reached the upper area of the Bollinger Bands. From the candlestick pattern perspective, a combination of a hammer and a bullish engulfing pattern has appeared. Based on this situation, there may be a rebound trend in the short term.

However, due to the approaching monthly candlestick closing, the uncertainty factors in the market have increased, so it is essential to be particularly cautious when operating.

Next, pay close attention to the key resistance level of 955. During the morning trading session, if the price rises to this area, consider shorting at a high.

Regarding Bitcoin (BTC), when the price reaches the area around 950 - 955, one can consider shorting, with the lower target looking towards 935.

On the Ethereum (ETH) side, when the price comes to the range of 1820 - 1850, one can consider shorting, with the lower target to focus on around 1780.