Wednesday, April 29th, Jingling Evening BTC/ETH Silk Share The weak pattern remains unchanged, continue to look bearish Last night's spot order perfectly took profit, easily pocketing 700 points of space. Caught the short-term rebound rhythm in the afternoon and decisively laid out! Keep up the effort, short-term longs gained another 900 points! Although there was a rebound in the short-term market, it has not yet formed a sustained upward attack, and the overall price is still constrained by the bottom of the previous triangle range. Currently, the volume increase has not broken through the lower edge of the previous upward channel, and the bullish structure shows signs of decreasing volume. Until it stabilizes above the previous upward channel, it is not advisable to chase longs excessively. The rebound of ETH and Bitcoin touches roughly the same range, both facing resistance and falling back near the bottom of the triangle range, and have not yet formed a further upward breakthrough. The intraday market continues the previous consolidation pattern within the oscillation range, with no effective volume to break through. The overall direction still depends on whether tonight’s Federal Reserve interest rate decision will signal a hawkish or dovish stance. Trading Suggestions Bitcoin (BTC): 77,200-77,700 range for shorting, target 74,900 Ethereum (ETH): 2,340-2,360 range for shorting, target 2,220 $BTC $ETH $SOL #加密市场小幅下跌 #以太坊基金会解质押约4890万美元ETH #跟单金牌星探 #伊朗提出霍尔木兹海峡重开协议条件

April 29th Bitcoin and Altcoin Evening Trading Ideas The path of trading ultimately must be walked by oneself, and the criteria for judgment must also be set by oneself. There is no need to be carried away by market noise or to chase the rhythm blindly, nor should one easily shake their established direction due to short-term fluctuations. Stick to your trading system, stay clear-headed and calm, make only logical and correct decisions, and leave the rest to market verification. The afternoon market continued the strong rebound and recovery rhythm. As of now, Bitcoin briefly reached around 77,870 before entering a short pause, and Ethereum also hit a stage high of 2,346 simultaneously. From the daily chart structure, the previous double top correction has been fully recovered by the strong bullish candle on Wednesday, and the large-scale bullish trend has not been broken. On the smaller cycle, the market has entered a consolidation phase of oscillation and accumulation. Considering that after this rebound recovers the lost ground, there is no obvious retest space below, so we continue to maintain the bullish outlook. This pattern of repeated probing but unable to break lower is essentially a strong consolidation led by the bulls, rather than a sign of weakness. Therefore, short-term trading should still focus on a bullish approach. Evening trading suggestions: Aggressive traders in Bitcoin and Ethereum can directly follow with small positions near the current price; conservative traders can wait for a retest of key support levels before entering in batches. Bitcoin upper target zone: 78,700-79,000; Ethereum upper target zone: 2,380-2,400. Note: The Federal Reserve's interest rate decision will be announced tonight, and market volatility may increase. It is necessary to strictly control positions, set stop-losses, and avoid abnormal fluctuations caused by news.

Yesterday, Ethereum spot ETFs recorded a significant outflow, with a total net outflow of $82.85 million. It seems that many investors are starting to take positions or rebalance their portfolios. Interestingly, Fidelity FETH was the biggest contributor with a daily outflow of $67.5 million. This has brought FETH's total historical outflow to over $218 million. Meanwhile, Grayscale Ethereum Mini Trust ETF remains in the green with a total net inflow of $84 million, despite also losing $6 million yesterday. From a hypothetical perspective, if this trend continues, it could impact ETF liquidity. For context, the total net assets of Ethereum spot ETFs are currently at $11.28 billion, meaning this ETF already accounts for 4.72% of Ethereum's total market cap. With a cumulative flow reaching $11.6 billion, it indicates that Ethereum ETF adoption remains strong despite daily volatility.