4.18 Today's Strategy Analysis
Bitcoin had a slight oscillating rise last night, weaker than SOL, which reached a new high yesterday. Bitcoin is still crawling slowly. Currently, Bitcoin is still on the way to challenge new highs, but overall this is a range-bound area, with definite pressure near new highs. Therefore, consider taking profits on long positions near new highs and laying out short positions. The only thing to guard against is if the breakout above new highs is too strong, leading to an accelerated rise. Generally, accelerations rarely happen during the day, so keep an eye on this for the night. Today, a slight rise is expected before a decline, with a strategy focusing on shorting at highs.
Bitcoin short contract points, short positions near resistance at 85600, take profit around 83000, stop loss at 86400.
Bitcoin long contract points, short long positions near support at 83000, take profit around 85500, stop loss at 82200.
Ether was still weak last night, unable to break even the small resistance at 1620. The recent weak rebound without decline is entirely driven by the continuous rise of Bitcoin and SOL. Otherwise, if the market shows even a slight weakness, it will be an opportunity for the bears to act. So, pay attention to the breakout situation near the resistance at 1620. If it can't even touch it, remain bearish and guard against extended oscillation periods. If there’s a time-for-space play, it could directly surge. Recently, shorting Ether also requires quick entries and exits to guard against bulls causing trouble. Today's forecast is for a slight rise followed by a decline, focusing on short positions.
Ether short contract points, short positions near resistance at 1620, take profit around 1544, stop loss at 1635.
Ether contract points, short positions near support at 1500, take profit around 1563, stop loss at 1485.
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