FreeTalkOnTrends1

#ETH Friday, April 24th, Bitcoin thoughts at noon
The 4-hour cycle structure is relatively weak; a significant break below 2283 support will lead to further decline toward 2234 and 2174.
Yesterday, dragged down by Bitcoin's sharp plunge and needle insertion, the triangle consolidation structure of Bitcoin was completely broken, and the market continued to weaken.
Currently, the short-term support at 2289 is in imminent danger; once broken, the market will likely retest the 2236 level.
To reverse the decline and initiate a rebound in the short term, it must re-enter the triangle structure

#BTC Friday, April 24th, Bitcoin Market Outlook
Currently, Bitcoin remains within the range of 78,575—77,403, with the hourly low points continuously rising, and no new high has been broken yet. As long as the pullback does not effectively break below the lower boundary of the range at 77,483, the downward space will not further expand.
Compared to the previous two downward probes: the first drop directly touched around 76,500, and the second retracement only reached 76,900, with the lows gradually moving higher. The bearish selling momentum continues to weaken. Consecutive hammer bottom candl

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#ETH Thursday night April 23rd Bitcoin trading ideas
After the previous false breakout flag pattern, it didn't even touch the resistance at 2432, and the trend was relatively weak, then it fell back into the flag pattern, even breaking below the 2333 support.
Currently, it has tested the key support at 2300 and held; if it breaks below, it will retest 2289, and only if it breaks below 2289 will the decline be amplified.
Trading suggestions:
A volume breakout above 2357 and a stable hold can be followed on the long side, with a stop loss set at a break below 2357.
A retest of 2287 confirming s

Hold on to the short position; there's nothing more to say.

#ETH Monday Afternoon Trading Ideas for the Second Wave
If the 4-hour level drops below 2261, the target below is 2218-2171.
The second wave previously broke the box range, then rebounded to test the upper boundary of the box, but unfortunately failed to regain inside the box.
Currently, the market still holds the key support of the bullish line around 2257; as long as it does not break below this, the trend still has a chance to turn around.
Once it breaks below 2257, look downward to 2196 for a stop-loss.
For the second wave to stop falling and rebound, the only condition is to regai

#BTC Monday afternoon Bitcoin outlook for 4.20
Bitcoin retreated from the new high of 78,323, falling below the support at 76,272 and then probing down to 74,890 to stabilize and rebound. Once this level was lost, it turned into strong resistance. Multiple rebounds failed to break through, forming a classic second retest pattern, and the second dip broke below the previous low, with the lowest point in the morning reaching around 73,510.
73,510 is the current key support level. If broken, the short-term bullish structure on the hourly chart will be completely invalidated, and the price is like

#ETH Bitcoin short position: Open at 75,456 → Close at 74,652, profit +4,259, profit rate 212.99%
Ethereum short position: Open at 2,325 → Close at 2,282, profit +7,432, profit rate 369.8%
Accurately grasp the rhythm of this round of correction, all high-position shorts are closed, and profits are realized.
The essence of trading is to achieve your own results in a deterministic market.