#BTC 4.2 Thursday Early Morning Bitcoin and Ethereum Latest Ideas and Analysis

Don't get caught up in short-term gains and losses; only those who can withstand volatility deserve the profits. Looking back intraday, Bitcoin hit a high of 69,000 in the morning, then pulled back, continued to rise in the afternoon, reaching a peak of 69,310. In the evening, it oscillated above 68,000, consolidating sideways. Ethereum followed Bitcoin's pace, rising to 2,150 in the morning, then sharply corrected, with a high of 2,167 in the early morning, now hovering around 2,150.

Based on the current strong rebound, the four-hour MACD has formed a golden cross, indicating a clear short-term bullish intent. However, on a longer timeframe, the downtrend has not yet reversed; moving averages remain in a bearish alignment, and the monthly candle continues to close lower. The current market is more likely a technical rebound within a downtrend rather than a trend reversal. Therefore, overall, the hourly chart shows a rally followed by a pullback, with dense long upper shadows, RSI/KDJ dead crosses at high levels, indicating overbought conditions and a pullback. The main strategy remains to sell on rebounds.

Btc: Short around 69,400, target 67,500
Eth: Short around 2,180, target 2,080