Yesterday's bearish outlook was in line with expectations, with the April 25th Bitcoin Auntie strategy.

The bearish outlook yesterday was as expected, but the coin price didn't fluctuate much, with Bitcoin only moving a thousand points and Ethereum only a few dozen points. Jumping in can profit from short-term swings!

The daily chart shows Bitcoin Auntie continuing to close lower this morning, with the price moving between the upper and middle bands, Bollinger Bands are tightening significantly, and the bullish momentum is clearly insufficient. The indicators KDJ and MACD on the chart are both forming death crosses, and trading volume has severely decreased. Therefore, the bearish outlook remains unchanged, and intraday we can maintain a rebound-then-short strategy!

April 25th short position strategy

Short on Bitcoin rebound at 78,000-78,500, add positions at 79,000-79,200, with a stop around 79,800. Targets are 77,500-77,000-76,500-76,000. If broken, look at 75,500-75,000-74,500-74,000, and continue to move stop-loss accordingly based on market conditions!

Ethereum rebound at 2,330-2,360, add short positions around 2,400, with a stop near 2,430. Targets are 2,300-2,270-2,250. If broken, look at 2,230-2,200-2,170, and continue to move stop-loss accordingly based on market conditions!

Recently, there haven't been very exciting market moves. Last weekend's shorting strategy could have captured 4,000 points in Bitcoin and over 100 points in Ethereum, but the moves have been very sluggish. The shorting points given on Wednesday at fair prices were also very good. Jumping in again means profit. Recently, there haven't been any positive catalysts; the price drops and then pulls back, clearly a trap set by manipulative whales to lure buyers. Everyone, be cautious about chasing the rally!