4.25 Afternoon Thoughts

From the current market perspective, the daily line shows a small bearish candle retreating and correcting after a high-level local adjustment. Looking at yesterday's consolidation, there has been no further decline. Pay attention to the strength conversion of the daily K-line closing. On the 4-hour chart, the low point of 92000 serves as the lower support. We are currently in the process of confirming the second retreat low, which will involve fluctuations during the confirmation process. The volatility is significant, and the second confirmation of the high point should be determined in conjunction with the patterns. Additionally, the middle track of the Bollinger Bands is about to cross, and on the hourly chart, we are currently in a three-wave structure. In the short term, we can still maintain a retreat to take long positions.

Operational Suggestions:

For Bitcoin, range of 92000-92500, target around 94000.

For Ethereum, range of 1720-1740, target around 1800. #BTC