Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 2/4 Currently, the market is in a typical range-bound consolidation pattern, with prices moving within the support and resistance zone of 74,500 to 76,952.5. From a technical perspective, although the candlestick pattern shows a bullish engulfing signal, indicating a potential reversal and upward trend, the extreme decrease in trading volume weakens the reliability of this signal, suggesting that the market lacks sufficient momentum to support a rise. Additionally, the entanglement of moving averages further confirms the current market's consolidation characteristics. Given that the market is in a range-bound state, with prices operating within the support and resistance zone of 74,500 to 76,952.5 and trading volume extremely reduced, the market lacks momentum. Therefore, shorting near the strong resistance area of 76,952.5 is a high-probability strategy aligned with the consolidation pattern. Subsequent trading suggestions focus on buying the dips: short near 76,800-77,300 for targets around 75,000-74,500; short near 2,290-2,320 for targets around 2,200-2,150.

BTC-2,81%
ETH-2,53%
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