Analysis of Market Strategies for Bitcoin and Ethereum

Bitcoin established a bottom around 74400 and then rebounded, peaking at 81200 before quickly retracing. The market clearly shows a fragile trend around 80k, and it is likely to decline again towards 74500. After this round of adjustment, there will definitely be a new low position.

Recently, the price has shown a downward oscillation trend, with multiple long upper shadows appearing in the 4-hour cycle, indicating heavy selling pressure above.

On the daily level, after forming a large bearish candle on April 6, there were two consecutive days of small bullish candles, but it failed to break through the previous high, indicating insufficient rebound strength. My personal suggestion is to wait again for a second round of pinning down to establish a bottom before capturing a rebound and recovery, which is more prudent. For market inquiries, contact btc0297.

Bitcoin trading advice: Enter long positions around 75000-74000, targeting: 78500-78000, risk control: 73500.

Ethereum trading advice: Enter long positions around 1410-1370, targeting: 1530-1500, risk control: 1340.