Gu Jingci: Bitcoin/Ethereum Weekly Close Approaching (April 5th) with Evening Market Analysis

Bitcoin/Ethereum has been trading in a narrow range for the past two days. Short positions initiated above 2065 and 67200 have repeatedly tested higher levels before pulling back, reaching lows of around 66600 and 2020 in the evening, offering some upside potential. However, the price has recently rallied again, reaching highs of around 67800 and 2070, but remains in a consolidation phase with significant upward pressure. The latest 4-hour candlestick shows a long lower shadow, indicating a strong rebound from the low of 2000 with high volume, suggesting strong buying pressure and a potential short-term stabilization. The daily chart shows that after a significant drop, the price is currently consolidating, still pressured by previous highs. Technical indicators show both the DIF and DEA lines below the zero line, and the MACD histogram is negative, indicating a continued downtrend on the 4-hour chart. However, the DIF line is converging upwards, and the MACD histogram is narrowing, suggesting weakening bearish momentum and a potential short-term rebound. However, the sharp drop in the early stage was accompanied by huge volume, indicating heavy selling pressure. The trading volume contracted in the following days, and the recent rebound has seen increased volume. The sustainability of this volume needs to be monitored. Evening trading suggestions: Bitcoin: Continue to short around 67500-68000, with a target of 65000-66000; Ethereum: Continue to short around 2060-2080, with a target of 1950-2000. We are here every day, not to prove a high win rate, but simply to let you know that our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.