4.7 Tuesday Early Morning Bitcoin and Ethereum Latest Ideas and Operations

True experts know how to exercise restraint. Control your hands, settle your mind, understand before acting; if you don’t understand, observe patiently. Patience is far more valuable than impulsiveness. In the early morning, driven by expectations of a ceasefire in geopolitical tensions, the market experienced a strong rally. Bitcoin tested key resistance levels multiple times, reaching a high of 70,351 before pulling back. Ethereum moved in sync, with continuous rebounds and breakthroughs above resistance zones, reaching a high of 2,174. The long-side strategy given in the morning was successfully executed, and the short-side strategy provided in the evening also brought full gains to students.

Based on the current market situation, momentum shows clear signs of exhaustion. The four-hour chart displays a “long upper shadow + bearish body” stalling pattern. Prices are under pressure at the upper Bollinger Band. RSI has entered the overbought zone above 70 and is turning downward. The KDJ indicator’s J value exceeded 100 and has dulled, signaling a strong correction. The one-hour MACD shows decreasing red bars and RSI peaks, with rising volume on declines and low volume on advances, indicating a high likelihood of a short-term trap. A “head-cutting sword” scenario could occur at any moment. Old Ma continues to suggest high-altitude strategies.

Tuesday Early Morning Strategy:
Bitcoin: Short around 69,800, target 68,500
Ethereum: Short around 2,150, target 2,080