🚨4/4 Afternoon BTC/ETH Market Report🚨

🔶 Yesterday's Market Review: Yesterday, Bitcoin rebounded after hitting a low of around 81170. The short position we provided was entered near 84300, but the highest it reached was only around 83900, so no entry opportunity was given. Ethereum went from 1785 to 1846 for a short position, achieving our fourth target of 1748. Those who needed to reduce their positions have done so, and the remaining small position continues to play without significant risk! For intraday operations, we will continue to look for answers from the market.

🔶$BTC is currently at a bearish cloud cover on the daily chart, with resistance near the reversal line around 84836 and the EMA200 moving average at 85363, as well as resistance near the cloud base around 87700. The current price has already broken through the baseline at 82656, and short positions need to pay attention to the support at this level.

🔶The four smaller timeframes are also above the cloud resistance near 83419, as well as around 84836 and 85000. Short positions can refer to these levels for engaging in high shorts.

🔶On the hourly level, SAR 83360 and the moving average around 84000 are under pressure, as well as the resistance near 85300. There is a certain rebound demand when the turning line crosses above the baseline.

📉Refer to the four small levels to engage in short positions: participate in short positions near 83400 ～84000～84800～85000, defend at 83400+ (1356×1.5)=85434, target around 82500～81400～80800, reduce positions upon reaching the target and continue to look down.

🔶$ETH Pay attention to the upper range around 1852～1870 for high short positions, defend around 1950, target around 1800～1780～1753～1708, and reduce positions after reaching the target to continue trading.

🔶 Pay attention to the first position around 1816 for entry, and add to your position on unexpected upward movement.

⚠️ Please note that the above entry and exit points have a deviation of ±100 (BTC) and ±5 (ETH), and these points are only conclusions derived from the reference charts and indicators, which may change in real-time and be influenced by news. Please adjust according to your own actual situation!

⚠️⚠️: Regarding stop-loss, it should be adjusted appropriately based on your actual situation. The stop-loss levels mentioned in the article are only considered relatively safe positions according to personal opinion!
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