$BTC 4.7 Tuesday Afternoon Bitcoin and Ethereum Latest Ideas and Analysis

Unfazed by the abyss, unafraid of the tide. The crypto world is never short of miracles, only lacking steadfast explorers. Bottoming out in the trough to gather strength, calmly taking profits at the peak, with fiery passion in the heart, stars in the eyes, holding onto chips toward the future, ultimately reaching the summit with strength. Looking back at this morning, Bitcoin has been oscillating around 68,700 after the morning session, currently at 68,542. Ethereum is closely following Bitcoin's trend, oscillating around 2,105, now at 2,100.

From the current four-hour K-line chart, Bitcoin's recent rebound is clearly weak, with the bulls running out of steam. The price repeatedly faces resistance around the 70k level, with multiple upper shadows forming on the candles. Each rally is met with a downturn by the bears, a typical trap to lure in buyers before dumping. All short-term moving averages are turning downward, pressing down on the price. After the MACD death cross, the green bars continue to expand, indicating increasing bearish momentum. The RSI quickly drops from overbought territory, market sentiment cools down, and funds are quietly withdrawing. This rebound has no volume; retail investors are buying the dip, while whales are reducing positions at highs. The current market structure is a weak rebound followed by a strong decline; every bounce is a chance to escape. The support at 67,000 looks solid but is actually fragile—break it, and it will accelerate downward to 65,000 or even lower. Don't be fooled by small bullish candles; this is just a last gasp before a decline.

Afternoon Trading Suggestions
Bitcoin around 69,000 can be shorted, target 67,500
Ethereum around 2,110 can be shorted, target 2,050