Analyst Liangqiu: On April 24, Bitcoin experienced significant fluctuations again, be cautious of further declines in the evening.

The recent market for Bitcoin/Ethereum has been impacted by tariffs, surging from the lows of 83000 and around 1550, with considerable room for growth. We have previously positioned ourselves for pullbacks, and the overall potential remains significant. Friends from the roots have also secured good gains. Currently, the market has repeatedly surged without breaking past highs, and it has fallen back, showing clear resistance above. Since the early session’s consolidation, the market has declined again. From the four-hour and daily chart perspectives, there is still room for further declines, with support levels to watch at 89000 and 1650.

In the recent candlestick pattern for Bitcoin, prices have been fluctuating at high levels, with several bearish candles indicating significant selling pressure in the market. The daily chart forms a candlestick with a long upper shadow, suggesting notable pressure above. Technical indicators on the four-hour period show that MACD is in the negative zone, and the fast and slow lines are crossing downwards, indicating a risk of further pullbacks in the short term.

In the evening, continue to raise positions for shorting. Liangqiu suggests entering short positions for Bitcoin around 92300 to 92800, targeting near 90300; for Ethereum, enter short around 1745 to 1760, targeting near 1680, and if it breaks down, it can continue to decline further.

Daily strategy analysis is limited, and the market is subject to volatility; real-time conditions should be prioritized. #加密市场反弹