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Tuesday early morning, April 12th, Bitcoin and Ethereum latest ideas and operations
Losses are not failures, but your way of learning how to coexist with the market. No one can always predict the correct direction; what's important is that when you are wrong, you can review with a smile. Looking back at yesterday's Bitcoin market, after failing to break higher intraday and dropping to a low of around 70,458, the overall trend during the day was sideways, and in the evening, there was a strong rebound. The bulls regained ground, reaching a high of around 72,431. Ethereum also moved from a low of 2,173, sharply rising to a high of 2,235, currently hovering around 2,220. In the afternoon and evening, I repeatedly provided early long ideas, capturing 1,176 points of space for Bitcoin and 40 points for Ethereum.
From the current market trend, driven by news sentiment, there was a strong upward surge, recovering most of the lost ground. Although the four-hour KDJ shows a bullish crossover pattern, the MACD golden cross is relatively weak, and the bearish momentum has not fully exhausted. The one-hour MACD shows a low-level golden cross, which is a typical short-term sign of a bottoming rebound. However, both lines are still below the zero axis, indicating limited rebound strength. Tonight, Lao Ma will provide high-level shorting ideas.
Tuesday early morning operation ideas:
Bitcoin: Short around 72,500, target 71,500
Ethereum: Short around 2,160, target 2,160