4.15 BTC/ETH Market Outlook:

Bitcoin surged to the 76,000 level last night, testing the previous high resistance before pulling back. The daily candle closed as an inverted hammer with a small bearish body and a long upper shadow, indicating that selling pressure above is still quite serious. The upper band of the Bollinger Bands is being pushed upward by the price, widening as the lower band moves downward, showing a broadening pattern. The KDJ indicator is overbought at high levels and turning downward, while the RSI remains flat and easing at high levels. I don't deny that recent low-buying has been profitable and enjoyable, but do not chase the rally at high levels. Once a sharp drop occurs from the top, you'll be trapped at the ceiling again. Although the market surged and short positions were squeezed out, choosing the right entry points for shorts can still help avoid getting caught off guard. If you shorted around 76,000 yesterday, there's no doubt you could have made a profit!

On the 4-hour chart, after rebounding to 76,000, the price faced resistance at the upper band and pulled back. Both the KDJ and RSI are overbought at high levels and turning downward, while the MACD shows a bearish divergence. The bullish momentum continues to diminish, indicating further correction or pullback is needed. On the hourly chart, the rebound is being resisted by the middle band, with narrow-range consolidation ongoing. The bullish momentum is insufficient, and further downward correction is likely.

For intraday trading, focus on short positions. Look for short entries around 75,000 to 76,000 resistance levels, with support levels at 73,700, 72,700, and 70,500.

Regarding Ethereum, resistance is at the 2,370 and 2,420 levels. Consider short positions around these areas. Support levels are at 2,300, 2,270, and 2,180.