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4.15 Bitcoin and Altcoin Evening Market Analysis and Trading Recommendations
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, with the overall trend leaning bearish, mainly favoring rebounds to sell high. Be cautious of further declines toward the 73,000 support level;
ETH declined even more sharply, dropping over 2.8%, showing a clear weak market pattern. The key resistance zone is at 2,350-2,380. If the rebound remains weak, the downward trend will continue. Trading strategy prioritizes short positions, with strict position control and strict stop-loss enforcement.
Trading Recommendations
BTC (Bitcoin)
Rebound between 74,300 - 74,800, short, stop-loss at 75,000, target 73,300 - 73,000$BTC
ETH (Altcoin)
Rebound between 2,350 - 2,380, short, stop-loss at 2,400, target 2,280 - 2,250$ETH