4.8 Wednesday Early Morning Latest Ideas and Analysis for Bitcoin and Ethereum Don’t try to buy at the lowest point or sell at the highest point—just take the portion that belongs to you. Looking back at the day session, Big Pizza started falling from 69,118 in the early morning. After the low at 68,273, it began to rebound without breaking through the 69,000 level. In the afternoon, Big Pizza surged from the 68,433 area, touched 69,247, then faced pressure and fell back, dropping to a low of 68,071. In the evening, the low reached 67,713. For Ethereum in the morning, bulls and bears locked in a tug-of-war around 2,119. The low was hit at 2,091, then it quickly rebounded to above 2,100. In the afternoon, it moved up from 2,097 to 2,132, then rapidly plunged, with the low touching 2,080. In the evening, the low was 2,058. Continue to hold the short positions from the evening layout! Based on the current market, on the four-hour timeframe there is a falling channel plus range-bound box oscillation. The center of gravity continues to shift downward, and no effective bottoming structure has formed. The MA10/MA20/MA50 are in a bearish alignment. The price is under all short-term moving averages, and rebounds meet resistance. MACD forms a death cross and points downward; the green bars expand. Bearish momentum is dominant. Rebounds come with shrinking volume, while declines come with expanding volume. Selling pressure is obvious, and the willingness to chase higher is weak. On the hourly timeframe, the market shows weak, range-bound, and slightly bearish behavior overall. It hasn’t officially confirmed a bottom yet—price is trading below short-term moving averages, and rebounds continue to be pressured. RSI is relatively low but not severely oversold. MACD’s bearish momentum has not clearly weakened. At dawn, Xiaoyao on this side directly called it out in plain view, continuing with the high-short idea. 4.8 Wednesday Evening Btc: Short around 68,800, target 67,500 Eth: Short around 2,100, target 2,050

Wednesday, 4.8, Bitcoin and Ethereum Latest Market Analysis and Outlook When the wind rises, where are you? In the crypto world, one day is like ten years in the human world. Don’t just be a spectator liking stories of financial freedom. Awareness realization happens in this very second. Just do it! Looking back at Tuesday, Bitcoin oscillated from a high of 70,351 at dawn down to a low of 67,732 in the evening, then moved to the current level of 68,169. Ethereum closely followed Bitcoin’s trend, oscillating from a high of 2,168 at dawn down to a low of 2,060 in the evening, then reaching the current level of 2,080. Opening the four-hour chart, this trend looks quite weak. The recent rebound was quite impressive, but a closer look shows it didn’t even touch the halfway point of the previous decline — a typical weak rebound. The moving averages are still pressing from above; every time the short-term moving average tries to turn upward, it gets slapped down by the long-term moving average. As long as this bearish alignment isn’t reversed in a day, I wouldn’t dare to look at any higher targets. What worries me most is volume. Over the past two days, each bullish candle has been shrinking in volume, clearly

The Bitcoin and Ethereum markets are both experiencing range-bound fluctuations after facing resistance at high levels. Bitcoin gradually moved higher during the early hours, supported by the lower support level, approaching around 69,200. Ethereum also tested the 2,130 level simultaneously. From early morning to the white dawn, the trading strategy mainly focused on buying on dips, participating in batches based on support levels after pullbacks. The low-level support was relatively solid, and the overall trend was in line with expectations. However, after reaching the high levels again, the bulls failed to sustain increased volume, and selling pressure gradually intensified. Subsequently, the market entered a consolidation phase, with Bitcoin retracing to around 67,710 in the evening, and Ethereum dipping to about 2,058. This indicates that after the high-level chips loosened, short-term capital was more willing to realize profits. Nonetheless, some support remained near the lows, and the market has not yet formed a clear directional trend. Instead, it continues to oscillate around key structural levels. From the current 4-hour chart, Bitcoin previously faced resistance near 69,200. The upper band of the Bollinger Bands failed to expand further, and the price returned below the middle band. The middle band, which previously acted as support, has gradually turned into short-term resistance. The moving averages are beginning to converge downward, indicating that short-term momentum is consolidating. Notably, after failing to break the previous high, a series of declining candles appeared, forming clear minor resistance at high levels. If the rebound cannot stabilize above 68,600, the overall trend will likely remain weak and consolidative. The first resistance above is in the 68,600–68,800 range, with stronger resistance still near 69,200. On the downside, attention should be paid to the support around 67,500, which is both a previous support zone after pullbacks and the first line of support in the current short-term structure. If this level is broken, the price is likely to seek stronger support around 67,000. Ethereum's trend is synchronized; after facing resistance at 2,130 and pulling back, the 4-hour middle band was broken, and the market continues to trade below the short-term moving averages. Currently, the 2,095–2,110 zone forms a clear resistance band. If the rebound fails to break through this zone, there is a possibility of further testing lower levels around 2,055 and 2,035. Operationally, the current strategy remains clear: focus on shorting on rebounds, avoid rushing into shorts at low levels, and wait for the market to enter resistance zones before participating accordingly. This approach aligns better with the current structural evolution. #Gate广场四月发帖挑战 $BTC