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4.15 Bitcoin and Altcoin Evening Market Analysis and Trading Suggestions
BTC faced downward pressure in the evening, falling below the 74,000 level, entering a short-term correction cycle. Strong resistance forms at 74,500-75,000. The overall trend is bearish, mainly aiming for high short positions during rebounds, with caution for further declines toward the 73,000 support level; ETH declined even more, dropping over 2.8%, showing a clear weak pattern. The key resistance zone is at 2,350-2,380. If the rebound is weak, the downward trend will continue. Trading-wise, prioritize short positions, strictly control position sizes, and enforce stop-losses.
Trading Suggestions
BTC (Bitcoin)
Rebound between 74,300 - 74,800, short, stop-loss at 75,000, target 73,300 - 73,000
ETH (Ethereum)
Rebound between 2,350 - 2,380, short, stop-loss at 2,400, target 2,280 - 2,250