4.1 Wednesday Early Morning Bitcoin and Ethereum Latest Ideas and Analysis

A bull market is the only way for ordinary people to realize profits, but the bear market is the true planting season for wealth. Don't waste every crisis; be patient and wait. Time will reward those who hold on. Looking back at Tuesday, Bitcoin rose from the early high of 68,408 to the evening low of 65,998, then recovered to the current level of 66,977. Ethereum closely followed Bitcoin's trend, starting from the early high of 2,092 and falling to the evening low of 2,012, then rebounding to the current level of 2,058.

From the current market situation, the market is in a phase where bulls are losing strength and bears are gathering momentum. The four-hour chart shows that the prolonged consolidation below 68,000 for Bitcoin is draining bullish energy. Given that the daily chart is also in a downward channel and the market faces quarterly fund withdrawal pressure, continuing to be bearish in the short term is a higher risk-reward choice. So Lao Lei provided a high-level outlook in the early morning.

Early Morning Trading Ideas
Bitcoin around 67,500 can be shorted, target 66,000
Ethereum around 2,070 can be shorted, target 1,980