Bitcoin and Ethereum Market Trend Operation Suggestions

1. Candlestick Patterns:

- Recently, the candlestick patterns have shown a clear upward trend, especially the large bullish candles on April 22 and 23, indicating a strong market.

- On the daily level, the price has broken through previous highs and continues to rise, forming consecutive bullish candles, indicating strong buying power.

2. Technical Indicators:

The MACD is in positive territory on the 4-hour timeframe and is expanding, showing strong upward momentum.

The RSI is hovering in the overbought range but has not shown significant signs of a pullback, suggesting that the current trend is strong.

The EMA moving average system (7, 30, 120) is in a bullish arrangement, with the short-term EMA7 moving away from the long-term EMA120, supporting a continued bullish outlook.

The intraday high touched around 94,400 but faced pressure and retreated. In the short term, there may be a second rebound trend. For Bitcoin, it is personally recommended to focus on shorting during the rebound. Ethereum reached an intraday high of around 1,817 but faced pressure and retreated, with the price dropping below the 1,800 mark, hitting a low of 1,773 before moving into a fluctuating upward trend. The same approach is suggested, focusing on shorting during the rebound. For market inquiries, contact btc0297.

Bitcoin Operation Suggestion: Position short around 94,000-94,500, with a target of 92,000-91,500 and risk control at 95,000.

Ethereum Operation Suggestion: Position short around 1,800-1,850, with a target of 1,700-1,670 and risk control at 1,880.