$BTC 4.4 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions

The weekend saw narrow fluctuations; the market appears calm on the surface but is actually brewing with underlying currents. Within a range of just 400 points, prices are repeatedly tugging back and forth. This kind of movement is often a "consolidation" phase before a major trend, and I lean more towards a downward direction.

Currently, the price has been pushed back up to around 67,000, seeming strong but actually nearing exhaustion. Looking at the 1-hour chart structure, the price rebounded to the upper Bollinger Band, clearly facing resistance. Technically, the RSI indicator has quietly approached the overbought zone, and the rebound momentum is waning, which usually signals an imminent short-term pullback.

Therefore, this upward move is more like an opportunity for bears. The 67,000 level, whether from the perspective of the high point of the range or the indicator correction needs, offers a good setup for short positions. No need to wait for a breakout confirmation; in this narrow-range consolidation, going short at the high is the most reasonable strategy.

In terms of trading, you can consider opening a small short position around the current price of 67,000, with a stop-loss just above the previous high. The short-term target is first around 66,200-66,000. If broken, further decline to around 65,500 is possible. In this kind of narrow-range market, rapid rises and slow declines are normal; patience and holding are key. #加密市场行情震荡