4.25 Friday Morning Bitcoin Ethereum Market Analysis and Trading Suggestions

Bitcoin initially dipped to the 92625 level during the early morning hours, then the bulls drove the price to rebound, ultimately reaching a high of 93981, forming a technical resistance. Ethereum started its rebound from 1745, peaking at 1773, perfectly validating the trading logic emphasized by Xiao Ge in the early morning: look for a pullback before entering long positions.

From the hourly chart, the price has repeatedly tested the 95000 resistance level without success, forming a clear double top prototype. The candlestick pattern shows alternating appearances of doji and inverted hammer, indicating a decrease in bullish momentum. The Bollinger Bands show signs of contraction, with the upper band flattening, suggesting limited short-term upward space. Given the current technical indicators showing "weak upward momentum," it is recommended to adopt a defensive strategy,

considering to layout short positions in the 94000-95000 range, with a follow-through above 95500.

Bitcoin: Short near 94000-94500, short-term target 92000

Ethereum: Short near 1780, short-term target 1730