4.1 Bitcoin/Ethereum Market Analysis and Thought Reference

Good morning everyone. Bitcoin has rebounded under the support of the lower daily track, such fluctuations are common in the market. Looking back at last week's market, the rebound high of Bitcoin has continued to decline, and the pullback low has been consistently lowering. Obviously, one should not conclude that the downward trend has ended just because of today's brief rebound, and recklessly chase after long positions.

From the perspective of resistance levels, Bitcoin faces strong pressure at 83600 and 84700. As long as the price cannot stabilize above 85000, short positions remain relatively safe. Investors can consider placing short positions near these resistance levels, with target prices gradually looking towards 82700, 81700, and 80500.

On the Ethereum side, the bearish strategy is also maintained. 1840 and 1890 constitute the upper resistance levels, and until the price successfully breaks through 1900, a high short approach should be adhered to. Investors can choose to enter the market at the pressure intervals, with targets looking down to 1820, 1780, and 1750.

It is important to emphasize that the above content is only personal opinion. The investment market is ever-changing, and risks abound; investors must be cautious when entering the market! #BNBChain爆发 $BTC