Yue Ying: 4.29 Bitcoin and Ethereum Market Analysis Today, Is Old Bo's Final Dance? Rate Decision Sparks Volatility

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Bitcoin Technical Analysis————

Bitcoin daily chart shows the previous candle closed bearish, supported by the middle band for a rebound, opening with a volatile upward during the day. The Bollinger Bands are narrowing, with the short-term moving average turning downward, MACD's fast and slow lines crossing downward, volume bars turning green and increasing, KDJ extending downward with support near the 50 level, VR indicator consolidating around 180. On the four-hour chart, after finding support at the lower band, the price rebounded with consecutive bullish candles, currently operating around the 60-day moving average and the middle band. The Bollinger Bands are flat, short-term moving averages are parallel, MACD's fast and slow lines are turning upward with decreasing volume, KDJ extending upward with resistance near 100, VR indicator consolidating around 90. Overall, the market is facing resistance and pulling back, not breaking below 75,000. The trend remains within expectations. Currently, the upward trendline of the breakout has been temporarily broken, and the next rebound depends on whether it can break through and stabilize above the trendline. If successful, it will return to the upward channel and potentially reach new highs; otherwise, it will oscillate downward to test short-term support again. Tonight's rate decision and subsequent comments from Old Bo may cause significant market volatility, so risk control is advised. It might be Old Bo's last working day—let's see what he has to say. Short-term resistance is around 79,000, with support above 75,000. For short-term trading, see the recommendations.

Bitcoin Short-term Strategy: Short at 78,500, Long at 76,200 (activate strategy for profit, trade at your own risk)

Yitai Technical Analysis——

Yitai's four-hour candlestick is currently operating around the middle band and the 60-day moving average. If it can break through and stabilize, continuation is possible. The overall technical trend is similar to Bitcoin's. Short-term resistance is around 2,400, support is near 2,200. See the short-term strategy.

Yitai Short-term Strategy: 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 insights and profit together! #以太坊基金会解质押约4890万美元ETH $BTC #加密市场小幅下跌