Due to the impact of Easter, the US stock market is closed today. In the absence of intervention from individual stocks, the overall market is currently in a range-bound fluctuation state. Although the market has temporarily stabilized above the mid-line, it has not been able to sustain effectively, and the highs are showing a continuous downward trend, which is a clear signal of weakening bullish strength.

The market has been in a consolidation phase over the last couple of days, without any strong fluctuations. However, today may see a wave of downward probing. From the 4-hour chart, the current short-term support is at the mid-line, which is around the 84500 level. The Williams indicator and RSI indicator have both been trending downward. In the short term, it is still recommended to look for a pullback, with resistance levels above: 85500-86500-87500-88500 and support levels below: 89000, 83000-82700-82000-80500, and 78900.

Trading suggestions are for reference only.

Bitcoin rebound: Short-sell in batches near 85000-85500, target 83500/83000. If it breaks, then reassess the situation, with a stop around 86500.

Ethereum rebound: Short-sell in batches near 1600-1630, target 1520/1500. If it breaks, then reassess the situation, with a stop around 1650.