April 26th, Saturday Early Morning Bitcoin and Ethereum Market Analysis
Contract trading is a psychological battle of self-gambling. In one second, you could be celebrating a precise bottom call, and in the next, you might be facing a sudden spike that leads to liquidation; clearly seeing the trend, yet being fearful in the fluctuations and stopping losses early, only to regret missing out afterward. The market never lacks opportunities, but the tug-of-war between greed and fear often causes rationality to collapse amidst the K-line movements. Looking back at the intraday market, Bitcoin faced resistance and fell from the morning high of 94409, after dipping to a low of 92788 during the day, it began a corrective rebound, strongly breaking through the intraday resistance in the evening, reaching a peak of 95769. Ethereum's movement synchronized with Bitcoin, stabilizing and rebounding after retracing from the high of 1789 to the support at 1737, ultimately standing at the intraday high of 1826. With precise control over market rhythm, Xiao Ge decisively entered a short position at 94250 in the morning, perfectly taking profit when the price fell to 92850, achieving a successful first battle with a gain of 1400 points. In the afternoon, he keenly captured the market sentiment shift, reversing to a long position at 93200, and calmly exiting when the price surged to 95050, securing a considerable profit of 1850 points. For Ethereum, he entered a short position at 1785 in the morning, and exited at 1740 for a gain of 45 points; in the afternoon, he reversed to a long position at 1750, locking in 45 points when the price rebounded to 1795. The dual-line operation achieved precise entry and exit, with seamless transitions between long and short positions, fully reflecting a precise judgment of the timing for trend continuation and reversal. Today's trading strategy perfectly aligns with the market volatility rhythm, with Bitcoin totaling a gain of 3250 points and Ethereum accumulating a gain of 90 points, once again verifying that through rigorous technical analysis and keen market sense, it is possible to maximize profits in fluctuating markets.
Bitcoin's daily chart shows a small bullish candlestick rebound pattern, with both bulls and bears fiercely contesting around the doji candlestick. Yesterday's sideways consolidation did not further dip, with the 4-hour level showing 95500 as the high point of the adjustment wave, currently in the stage of confirming resistance for the second rebound. This corresponds to the high point area of wave B in the adjustment wave, and a tug-of-war between bulls and bears is expected. The current 4-hour chart shows signs of pressure after rebounding from the middle band of the Bollinger Bands to the upper band, and the second confirmation of the high point requires comprehensive judgment combined with the pattern. Special attention must be paid to point selection in operations; entering too early risks being stopped out, and we still expect a technical pullback in the early morning.
Bitcoin: Short near 95500-95800, short-term target 93000
Ethereum: Short near 1815, short-term target 1740