4.30 Wednesday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

This morning, the market saw Bitcoin first dip to 93678 before rebounding, with an intraday high reaching 95149. Ethereum mirrored this with a rebound from 1779, peaking at 1812. Xiao successfully set up a short position at the Bitcoin price level of 95300 and took profits at the morning point of 93800, securing a steady gain of 1500 points; at the same time, the Ethereum short position strategy was initiated near 1825, decisively taking profits at the 1780 support level, successfully locking in a 45-point profit. Both trades perfectly captured the market volatility rhythm, demonstrating precise market prediction ability.

The daily chart shows a sideways consolidation trend, with prices failing to break previous highs, indicating a short-term need for correction. The 4-hour chart continues the alternating fluctuation pattern, with the Bollinger Bands contracting simultaneously, and the distance between the upper and lower bands compressed to a recent low. Recent trading volume has exhibited a stair-step decline, with the volume accompanying the large bullish candles significantly less than before, while the selling pressure during corrections is also relatively limited. This volume-price divergence phenomenon suggests a strong wait-and-see sentiment in the market. On the intraday chart, there have been multiple instances of impulsive surges followed by quick pullbacks, indicating frequent short-term fund operations and poor market stability; the bearish outlook remains unchanged into the afternoon.

Bitcoin: 94900-95300 area can short, short-term target: 93500

Ethereum: can short near 1810, short-term target 1750