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Gu Jingci: Bitcoin/Ethereum Enters Narrow Range Trading Ahead of Schedule

2026-04-03 15:16:28
Shareshare
After a period of wide-ranging fluctuations, Bitcoin/Ethereum has maintained a narrow trading range since last night. The 4-hour chart shows a clear downward trend after a surge, with the latest candlestick closing bearish, indicating continued selling pressure. Yesterday's daily chart showed a large bearish candle with a long lower shadow, confirming a strong short-term trend reversal and a surge in selling pressure. Today's rebound was weak, also closing bearish, continuing the downward trend. On the 4-hour chart, both the DIF and DEA lines have crossed below the zero line, with the DIF line continuing to trade below the DEA line. The MACD histogram is negative and expanding, indicating a clear downtrend with strong downward momentum. The large bearish candle on the daily chart is a key signal of a shift in market sentiment, confirming the surge in bearish pressure. Currently, attention should be paid to key support and resistance levels to prevent an imminent trend reversal. Those who have followed our analysis have seen significant gains. A new round of price action is about to begin; join Silk Road now! We're here every day, not to prove our win rate, but simply to let you know that our team is always there, monitoring the market around the clock—professional and reliable. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
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