The market has briefly declined. Do you think it's a pullback or the end of the bull market?

April 24, 2025, 06:51:52 (Thursday)

1. 【Previous Market Review】

Market Review: Overall, the market performed fairly well yesterday. There was almost no fluctuation during the Asian session, but trading volume surged significantly during the night session in the US, causing rapid market fluctuations, first reaching 949 and then returning to 918 before finally closing back. In fact, this series of operations is all about finding a price that can gain market recognition, which is the current value. The US stock market's Bitcoin ETF successfully closed positively after a high open and a drop, and the bulls can still hold on with further developments!

2. 【Today's Market Analysis】

1. BTC 4-hour Real-time Market Judgment Strategy Layout

Bitcoin rebounded from the lower level of 91800, which is the position of the normal distribution gap, but the trading volume has not shown significant release, so there may be a possibility of a second pullback. The SKDJ has formed a death cross in the overbought zone, in conjunction with the Fibonacci upper resistance level of 96868 and the lower support of 88888.

2. ETH 4-hour Real-time Market Judgment Strategy Layout

Ethereum's supplementary rally has ended and is following a weak trend. As Bitcoin undergoes a deeper pullback, Ethereum will go deeper as well. Currently, Ethereum is also in a new normal distribution area, with decreasing trading volume. The SKDJ has entered the overbought zone and is about to form a death cross, in conjunction with the Fibonacci upper resistance level of 1828 and the lower support of 1692#加密货币总市值重回3万亿 .