3.9 Bitcoin and Ethereum Trend Analysis and Trading Strategy!

On the weekly chart, Bitcoin closed with a long upper shadow and a bullish candlestick near 66,000, while Ethereum closed with a long upper shadow and a bearish candlestick near 1935. Judging from the closing patterns alone, these candlesticks indicate significant selling pressure above, and the general market sentiment is likely bearish. On the daily chart, Bitcoin closed with four consecutive bearish candlesticks near 66,000, breaking through the top of the trading range before quickly retreating, suggesting a potential bull trap. Current resistance is at 68,000-69,000, and support is at 66,000. Ethereum also closed with four consecutive bearish candlesticks near 1930 on the daily chart, remaining within a trading range of 1800-2150. Current resistance is at 1980-2050, and support is at 1900-1850. On the 4-hour chart, Bitcoin and Ethereum have tested support and are currently showing some rebound potential. The strength of this rebound will depend on the aforementioned resistance levels. Those who entered short positions yesterday can consider exiting at breakeven and re-entering after the price rebounds slightly higher. Aggressive traders can continue to hold their positions, and shorting near resistance levels remains a viable strategy. Trading Strategy: Bitcoin: Short at 68000-68500, target 67000-66000, stop loss above 69500; Ethereum: Short at 2000-2020, target 1930-1850, stop loss above 2060. These strategies are time-sensitive; please refer to the homepage for specific details and private real-time guidance.