Shorting has yielded some results, and there is still room for a rebound below to continue ambushing! 4.28 Bitcoin strategy

Recently provided shorting points, currently yielding small profits. Ethereum's high pullback yesterday was a clear stop-loss sweep. Over the weekend, I referenced a lot of news, and currently, expectations regarding U.S. data have been continually lowered. While there are indeed positive factors, they can really be ignored compared to the negative ones. Expectations for the Federal Reserve's interest rate cuts have also been diminishing. Although we cannot rule out the possibility of an emergency interest rate cut due to significant tariff impacts!

From a technical perspective, after the daily candle closed as a standard bearish doji, it has closed down as expected this morning. The Bollinger Bands are severely constricted, and the price is slowly moving down from the upper band. The KDJ lines are turning down from a high position and are about to form a death cross, and the MACD is also turning down from a high position, with volume gradually decreasing! The daily view currently remains unchanged!

U.S. stocks rose for three days this week, and with the clear statement that the government will not dismiss Powell, over 3 billion USD flowed into the Bitcoin spot ETF market last week, boosting the price. This round of capital support is very likely to take profits and exit without any clear positive news. Large holders generally only hold long positions when there is a clear positive policy. Everyone should be cautious about chasing prices! For intraday operations, Conan suggests primarily shorting at high positions! Watch the pressure levels at 95300, 96000, and 97000 above, and support levels at 92800, 91600, 90800, 90000, and 89200 below.

4.28 Bitcoin strategy: Aggressive traders should short on a rebound at 94300-95000, while conservative traders should enter at 95500-96000, with a stop around 97000. Target around 94000-92800-92000, and if broken, aim for 91000-90800-90000.

4.28 Ethereum strategy: Aggressive traders should short on a rebound at 1805-1830, while conservative traders should enter around 1850, with a stop above 1870. Target around 1780-1750-1730-1700, and if broken, aim for around 1670-1650, holding based on the situation!

Long position strategy: As funds do not exit, the price drop is limited, so one can enter long positions near important resistance levels during pullbacks. For Bitcoin, enter at 91000-91600, with a stop at 90500, targeting around 92000-92500-92800; for Ethereum, reference entry around 1620-1650, with a stop near 1600, targeting around 1680-1700-1720.

In leveraged trading, frequent trading, heavy positions, and anti-trend positions are most to be avoided. It's normal to have losses and profits. Small profits and small losses, occasional big profits, but absolutely no big losses!