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The recent market movements are quite repetitive, mainly characterized by oscillating roller coasters, which are only suitable for short-term trading. So lately, we've been mostly quick in and out. The daily chart is a pure slacker, continuously suppressed by moving averages, with rebounds like yawns—catch your breath and you lose momentum. It's said to be oversold and bouncing back, but in reality, it's just a smoke screen set by the bears. The MACD is lying flat below the zero line, with green bars shrinking but never reversing; RSI is crawling sluggishly, and volume is weak as hell, trapping anyone who chases in, making others fall for the trap—mainly catching you off guard. The 4-hour chart is a drama king! Sometimes it acts like a little rebound hero, then instantly turns into a coward. After bravely hitting 69,000, it quickly pulls back. The MACD golden cross just started to gain strength, but the red bars haven't even thickened before fading away. RSI is also flickering between strong and weak, playing like a joke. The repeated calls to hold steady and surge have been made hundreds of times but remain unfulfilled! The 1-hour chart is the ceiling of slacking off, with sideways trading between 67,500 and 68,800 all day long. Both bulls and bears are just idling, unwilling to make the first move. MACD swings back and forth without strength, moving averages tangled like a mess, waiting for a breakout signal so long that hair has turned white. Watching the charts is exhausting—pure eye candy waste. In summary: this market is like a dull knife cutting meat—no sharp drops or rises, just testing patience. The mid-term bear hasn't given up, and short-term moves are all tricks. Light positions are a hundred times better than reckless trading.
Zhou Yanling's Bitcoin (BTC) trading strategy for 4.2:
1. Short at 69,500-68,700, with a reserve to add near 70,700, stop-loss 800 points above, target around 67,400, if it breaks down further, watch 66,700-66,000.
2. Light long below 67,000, long from 67,100-67,800, stop-loss below 66,300, target 68,800-69,600.
Zhou Yanling's Ethereum (ETH) trading strategy for 4.2:
1. Short at 2,175-2,145, stop-loss above 2,205, target 2,100-2,070.
2. Long at 2,070-2,100, reserve to add near 2,025, stop-loss 30 points, target 2,130-2,160.
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article may be delayed due to review and publication, and strategies are not always timely. Please follow Zhou Yanling's real-time strategies for specific operations.】$BTC #Gate广场四月发帖挑战