#BTC 4.6 Monday Early Morning Bitcoin and Ethereum Latest Ideas and Analysis

There's no need to rush for life to give answers; quietly work hard, and the response will come naturally. Looking back, Bitcoin (the daily chart) started to decline above 67,000 in the early morning, with a low of 66,611 before consolidating. In the evening, it surged directly to a high of 67,865, then quickly retreated, currently hovering around 67,300-67,500. Ethereum started to decline in the early morning from 2,072, dropping to a low of 2,021 before quickly rebounding to 2,069, then continuing sideways consolidation. Currently, it is oscillating in the 2,050-2,060 range. The short position setup from early Friday morning was also successfully executed!

Based on the current market, the four-hour K-line shows a long lower shadow bullish candle rebounding sharply from the lows with high volume, indicating strong buying pressure below and short-term signs of stabilization. The daily chart shows that after a significant decline, the price is now in a consolidation phase, still under pressure from previous highs. Technical indicators show the DIF and DEA lines both below the zero axis, with the MACD histogram negative, indicating a bearish trend on the four-hour timeframe. However, the DIF line is converging upward, and the MACD histogram is narrowing, suggesting weakening bearish momentum and a short-term rebound need. But the previous sharp decline with high volume indicates heavy selling pressure.

Monday Early Morning 4.6
BTC: Short target around 66,000 near 67,500-67,800
ETH: Short around 2,080, target 2,000