$BTC 4.13 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the 4-hour chart perspective, after a rapid decline earlier, the market has not formed an effective rebound, and bullish sentiment has been clearly frustrated. Currently, the candlesticks are continuously under pressure below the short-term moving average system, showing a typical weak structure. The Bollinger Bands remain open downward, with the middle and lower bands forming a downward resistance zone. Each small rebound is met with resistance, and buying strength is almost nonexistent in terms of sustainability.

At this stage, the price is oscillating narrowly around 70,800. This sideways movement seems more like passive consolidation within a downtrend rather than a bottoming or stabilization. The chart lacks active buying momentum; the rebound strength is far less steep than the decline during bearish moves, indicating that the market is still dominated by the bears. The 71,500-72,000 zone has been tested multiple times but has not achieved a clear breakout. The accumulated selling pressure in this area cannot be ignored and has become the short-term dividing line between bulls and bears.

In the evening, the trading approach should continue to focus on shorting rebounds. Until there are clear signs of a trend reversal, it is not advisable to blindly bottom-fish. If the price encounters resistance around 71,500 during a rebound, it can be seen as a new entry opportunity. The first support level is at the 70,000 round number; a break below could further open the downside space. It is important to note that, given the current liquidity environment, volatility may increase, so position sizes should be controlled, and reasonable stop-losses set. #加密市场小幅下跌