Analysis for the evening of the 11th of April:


From the 4-hour cycle observation, the price shows a clear downward trend. Currently, it is in a weak correction phase after the decline. The "decline—correction—further decline" bearish structure has not been broken, and the trend inertia remains bearish.

From the indicator perspective, the price is near the lower band of the Bollinger Bands, with short-term support at the lower band. However, the Bollinger Bands are opening downward overall, indicating that the bearish trend structure remains intact. In the MACD indicator, DIF and DEA are below the zero line, with the bearish histogram continuously enlarging, showing that bearish momentum is still being released. Although the KDJ and RSI indicators are at low levels with oversold signs, they have not formed a golden cross or a reversal signal turning upward, casting doubt on the strength of a rebound after overselling. Considering these factors, the overall market is bearish, with bearish momentum still being released. The rebound strength after overselling is uncertain, so it is advisable to rely on the short position structure to set up short orders.

Trading suggestions: For BTC at 105,000, set a short position with a target range of 103,000–102,000 on the downside.
For ETH around 3,530–3,700, set a short position with a target range of 3,430–3,550 on the downside.
ASTER2.4%
COAI3.01%
ETH4.19%
BTC3.11%
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