Thursday, 4.9: Latest Ideas and Strategies for Bitcoin and Ethereum

The market is never short of opportunities; what’s missing is your patience, calmness, and discipline. Focus less on short-term fluctuations and more on long-term trends. On Wednesday, Bitcoin experienced a strong surge driven by news, reaching a high of around 72,773 before facing resistance and pulling back. Ethereum also faced resistance around 2,273. The afternoon short-sell strategy precisely captured this pullback, resulting in a pattern of “initial rapid rise, followed by a gradual decline, and stabilization at the end of the session.”

Based on the current market conditions, stabilization after a sharp decline often presents a good opportunity for short-term long positions. The daily chart shows that the large bullish candlestick has not been fully engulfed, and the bullish trend remains intact. On the 4-hour chart: the MACD fast and slow lines are above zero, indicating decreasing bearish momentum and signs of a potential bullish crossover. The KDJ indicator is forming a golden cross and diverging upward from low levels. The hourly chart has already broken through the short-term downtrend line, which is a clear sign of stabilization. In the early morning, the old bulls will provide a low-buying opportunity.

Thursday Night Strategy:
Bitcoin: Consider going long around 71,400, target 72,800
Ethereum: Consider going long around 2,200, target 2,280