4/25 Bitcoin / Ethereum Short-term Analysis and Strategy Sharing📈



First, let's review the current market situation of Bitcoin, combined with the 1-hour chart.

From the 1-hour chart, Bitcoin is currently fluctuating around 77,700, after a rally to 79,475 and then starting to decline. It has now broken below the MA5 and MA10 short-term moving averages, forming a small downward channel, indicating a short-term bearish trend.

In terms of trading volume, there are no signs of a breakout with increased volume; instead, the volume during the rebound is insufficient, suggesting that selling pressure above is still quite heavy. Based on this trend, the short-term outlook remains somewhat pressured.

Here's a clear trading reference for everyone:
For Bitcoin, focus on the 78,000-78,500 range. When the price rebounds to this area, consider opening short positions directly. The first target is 77,000, and if it breaks below, look at around 76,500.
Ethereum moves in sync; when it reaches around 2,330-2,350, enter short positions, with targets around 2,280-2,250. $ETH $BTC
ETH-0,19%
BTC-0,69%
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GateUser-ff0c0e9c
· 7h ago
Wow, not bad, not bad, very good, very good
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