Friday, April 10th, Early Morning Bitcoin and Ethereum Latest Ideas and Operations

Anger prevents placing orders, frustration prevents adding positions, excitement prevents closing. Emotions are the most expensive cost in trading. This morning, Bitcoin formed a sharp rise followed by a fall, rapidly retreating after reaching a high of 72,387, currently rebounding near 72,392. Ethereum surged to 2,204 and then stopped, now gradually recovering. The short-selling idea we provided at midnight remains valid; friends who followed are gradually stopping their losses.

From the current market trend, it is above the Bandlin upper band, in the top area of recent volatility, with upward space being restricted. The probability of a pullback to test the midline is increasing. On the four-hour chart, a clear top divergence appears: the price made a new high in the recent stage, but RSI failed to make a new high simultaneously, indicating short-term correction pressure is building. On the one-hour chart: a bottom divergence pattern is emerging, with a small rebound possible, but the rebound is a shorting opportunity. This also provides opportunities for short positions. Lao Ma will continue the high-short strategy in the afternoon.

Friday afternoon trading ideas:
Bitcoin: Short around 72,300. Target 72,000
Ethereum: Short around 2,220. Target 2,140