4.11 Market Structure Analysis

Daily Level
The market chart shows a medium to long bullish candlestick, indicating the continuation of the bullish trend and a clear market sentiment improvement. The price center of gravity continues to rise, and the overall trend remains in a strong upward phase.

4-Hour Level
The upward momentum begins to weaken, and the pace of price increase slows down. Bulls repeatedly test key resistance levels but fail to establish a firm footing, with selling pressure gradually emerging at higher levels, hindering further upward movement.

Technical Signal

MACD shows a bearish divergence: the price hits new highs, but the indicator weakens simultaneously;
This indicates a significant depletion of bullish momentum, raising doubts about the sustainability of the subsequent rally;
The risk of short-term pullback is gradually increasing, and caution is advised for potential profit-taking or sideways correction.

Trading Suggestions

BTC:
Consider short positions within the 73,200–73,800 range, with targets around 72,200–71,000.
ETH:
Consider short positions within the 2,250–2,290 range, with targets around 2,200–2,130.