$BTC 4.8 Wednesday Morning Bitcoin and Ethereum Latest Market Trends and Strategies

Identify the right track, go all in. No hesitation, no retreat. In a bear market, position yourself; in a bull market, harvest. Turn your knowledge into assets—win the next decade with this battle. Looking back at early morning, Bitcoin rose from a low of 68,085 to the current high of 72,060, while Ethereum followed Bitcoin’s trend, climbing from a low of 2,075 to the current high of 2,256.

Everyone, let’s get straight to the point—no fluff. First, look at the 4-hour chart for BTC. Bitcoin just had a huge bullish candle pushing above 72,400. It looks strong, but I see through this rally’s tricks immediately. Let’s analyze the structure: the previous rebound highs are gradually declining, and the bulls have been under pressure. This big bullish candle seems more like a “last counterattack,” not a trend reversal. From 67,000 to 72,400 in 24 hours, a 5%+ increase, is a typical “rapid surge to lure buyers,” trapping retail traders at the top. Looking at volume: this candle’s trading volume is among the highest recently, but during the previous decline, volume kept shrinking, indicating this rally isn’t main force building positions but rather pushing up to distribute. The big candle is attracting follow-up traders, while the main players are taking advantage of the high levels to offload. So my conclusion is clear: this rally is a trap, and a correction led by bears is inevitable. In the short term, don’t chase longs blindly. Currently, above 72,000 is a strong resistance zone, with both trapped and profit-taking sell pressure. Once bullish momentum weakens, a quick pullback to around 70,000 is highly likely, possibly even dropping back to the 68,000 range for consolidation. Therefore, I still recommend a cautious short-term approach this morning.

Morning Trading Strategy
Short Bitcoin near 72,500, target 70,000
Short Ethereum near 2,260, target 2,150