$BTC 4.3 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the current overall structure, short-term market sentiment remains predominantly bearish, which is clearly reflected in the charts. The anticipated strong rebound has yet to materialize, and instead, resistance levels above are gradually moving downward. This indicates that the bullish momentum is weakening overall, and each rebound is fleeting, failing to form an effective reversal pattern.

Yesterday’s price action saw continuous declines, successfully opening new downside space, with the downward move exhibiting strength and persistence — this is not just a simple correction or consolidation, but a sign of trend weakening. The recent rhythm is quite typical: each rebound fuels the next wave of decline, with bears accumulating strength during rebounds to push prices lower. Higher highs gradually shift downward, and lows repeatedly test support — this structure itself is a classic weak-market pattern.

As the weekly cycle approaches its end, from a short-term perspective, we may see a brief rebound to recover some losses before continuing the downtrend. Currently, the market is indeed entering a phase of bullish rebounds attempting to recover, but these are more technical corrections rather than trend reversals. During pullbacks, rebounds are limited in height, followed by further weakening — this is the most common rhythm recently.

Therefore, for tonight’s trading approach, there’s no need to change the overall bias due to short-term rebounds. Be patient and observe the magnitude and strength of the bulls’ rebound. Once the rebound encounters resistance and upper pressure is confirmed, then consider short positions. Follow the trend: rebounds are opportunities, and the key is not whether to short but at what level and with what rhythm to execute.