Night Market Review and Strategy Summary

Last night, a short position was successfully established above Bitcoin 104,000 and Ethereum 2630. Subsequently, the prices fluctuated downward, reaching a low of around Bitcoin 102,800/Ethereum 2557. During the session, a timely reminder was given to take profits on the short position.
[Current Technical Analysis]
Four-hour level: Dual currency continuous downward trend, overall bearish momentum is dominant. After a high surge in the early session, there is no sign of stabilization, and further downside space is expected.
Daily level: Bitcoin has failed to effectively break through the previous high, forming a continuation, and we need to be cautious of the pullback risk. Key support below is focused on the psychological levels of Bitcoin at 100800 and Ethereum at 2500.
[Early Morning Operation Strategy]
Bitcoin:
Entry range: 103,600-104,000
Target level: 102,000, 101500
Stop-loss suggestion: Hold above 104,300
Ethereum:
Entry range: 2600-2620
Target position: around 2540
Stop Loss Suggestion: Exit at the breakout of 2630
【Special Reminder】
The current market shows typical wide-range fluctuation characteristics, and it is recommended to adopt a swing trading approach. The strategies mentioned in the text have time sensitivity limitations, and actual trading should be adjusted based on real-time market changes. Please pay attention to subsequent dynamic updates. #PFVS Launchpad 认购开启 #ETH突破2700美元 #4月CPI数据公布 #BTC