Yue Ying: 4.16 Bitcoin and Ethereum Market Analysis Today, Bull and Bear Strategies Executed, Resistance at Previous High Not Broken, Focus on Pullback

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Bitcoin Technical Analysis ————

Bitcoin previously moved in a range of over 3,000 dollars, with the daily chart showing a bullish candle around the upper band. During the day, the opening continued to oscillate and adjust at high levels. The Bollinger Bands are opening upward, with the short-term moving average trending higher. The MACD fast and slow lines are extending upward, with decreasing histogram bars. The KDJ is showing signs of convergence downward, watch for resistance near the 100 level. The VR indicator is consolidating around the 110 level. On the four-hour chart, the price is oscillating around 75,000, with Bollinger Bands flattening and narrowing, the short-term moving averages parallel, MACD lines parallel with signs of turning downward, with decreasing histogram bars. The KDJ, after finding support at 0, is turning upward with a crossover, and the VR indicator is consolidating near 140. Overall, the market trend aligns with previous expectations: if the previous high resistance is not broken, focus on pullbacks. Support below is around 73,000. As long as there is no strong and effective breakout, the previous strategy can still be referenced, mainly engaging in short-term high short and low long positions. For short-term trading, consider the above approach.

Bitcoin Short-term Suggestion: Short at 75,500, Long at 73,300 (activate strategy for profit, trade at your own risk)

Yitai Technical Analysis ————

Yitai's short position strategy mentioned earlier has only been realized for about $50 profit so far. The overall approach remains linked to Bitcoin's trend. Short-term resistance continues to focus around 2,400, with support at 2,250. The short-term strategy follows the previous plan.

Yitai Short-term Suggestion: Short at 2,380, Long at 2,260 (activate strategy for profit, trade at your own risk)

— I am Zhou Yue Ying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn together! Let's share and profit together! #Gate13周年 #WCTC交易赛瓜分800万USDT $BTC