$BTC 4.2 Midday Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the chart, the previous rapid volume-driven decline has largely played out—short-term momentum is almost exhausted—slowing down of the decline slope, frequent appearance of lower shadows, and gradually shrinking body sizes of the candles all indicate weakening selling pressure. Although the overall trend remains bearish, the market cannot move in a straight line downward; after overselling, a correction is inevitable.

Currently, the price is at a relatively low level. As volatility increases, the potential for a rebound and the space for upward movement also tend to expand. The market is shifting from a previous one-sided decline to a phase of "bottoming out and rebounding + recovering from lows." While it’s too early to confirm a complete reversal, a strong short-term rebound correction is highly probable.

In this structure, blindly chasing short positions actually increases risk. Instead, focusing on signs of stabilization and gradually positioning for a rebound aligns better with the current four-hour chart rhythm. The bulls’ target can initially be the consolidation zone during the previous decline, as well as key moving averages or resistance levels, treating it as a rebound and observing the strength as it develops.

Markets always brew in despair and unfold amid hesitation. This wave of volume-driven correction has basically come to an end, and the subsequent gradual rebound and recovery should only be a matter of time.

Bitcoin can be bought in the 66,000-65,500 range, with a target of 68,000.
Ethereum can be bought in the 2,030-2,010 range, with a target of 2,150.