4.16 Finally, a direction has been established. The main logic remains a rebound, waiting to make another buy when the drop reaches the target.

Macro perspective:

CPI has shown good results. The data in the U.S. is now severely falsified, but the data indicates that there may be some decent technical movements to come, which means it's time to look for a rebound.

Technical perspective:

The market's awaited drop has finally arrived. This four-hour trend has been in decline for a long time, but it’s not a big issue because now that it has started to drop, the next move will either be a rebound or a bearish logic. The target has not yet been reached; just wait for the rebound and continue to observe the market's downward movement.

BTC daily - 4-hour level market analysis

Bitcoin's movements are quite delicate, but as long as it doesn't drop below 80,000, it remains in an upward trend, so the market is still looking decent. If it can pull back, then it's time to enter long positions.

However, the current risk has ended. The uncertainty at high levels has emerged; the 86,500 position couldn't hold, and it dropped directly, which, combined with news, harvested the market. The upcoming market movements will be comfortable; rebounds will be bearish, and only after surpassing 845 will it be considered strong.

There should be another large-scale movement, so if it approaches around 80,000, we will look for a long, seeing if it can break 86,000; if not, it will be dangerous.

ETH altcoin large and small level analysis

Ethereum continues to be worthless, worthless, worthless. It has reached around 1,570 today, which is approximately the last support. However, the rebound looks particularly weak, so it may not reach around 1,620 to continue shorting. If it drops below 1,570, the sell-off will continue, but this position can also be used to gamble on a short-term bullish position, looking above at 1,610-1,625 before deciding to short depending on the situation.

The market is messy; please pay attention to risks. #加拿大推出SolanaETF #Metaplanet增持比特币