4.6 Monday Early Morning: Latest Ideas and Strategies for Bitcoin and Ethereum

Markets fluctuate with ups and downs; maintain a mindset that experiences rises and falls but remains stable. Stay grounded when right, don’t overextend when wrong—each calm moment is paving the way for profits. Over the weekend, market volatility was limited. Bitcoin rebounded from a low of 66,611 to a high of 67,838 before facing resistance and pulling back. Ethereum moved in sync, rebounding from a low near 2022 to a high of 2,069 before facing resistance, currently hovering around 2,050. Overall, the market is oscillating within a small range.

Based on the current chart, prices are within a short-term downtrend channel, with MA5 and MA10 pressing downward, indicating a bearish arrangement. The Bollinger Bands are trading below the middle band, which is turning downward, with the bands expanding—favoring the bears. The MACD shows a dead cross on the 1-hour chart with increasing green bars, indicating clear downward momentum. The KDJ is at a low level but has not formed a strong golden cross, so the rebound strength is limited. Early this morning, Lao Ma continues to suggest a high-short strategy.

Monday Early Morning Strategy:
Bitcoin: Short around 67,600, target 66,600
Ethereum: Short around 2,080, target 2,000