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Yue Ying: Bitcoin and Ethereum Market Analysis for April 6th - Precise Long Positions Executed, Latest Trend Recommendations Included
I am Zhou Yue Ying. If you enjoy the article, please follow me and check out today's share!
Bitcoin Technical Analysis ————
On the daily chart, Bitcoin broke through the middle band and the 60-day moving average with the previous candle, opening with an upward oscillation. The Bollinger Bands are narrowing, and the short-term moving averages are slightly upward. The MACD fast and slow lines are crossing upward with increasing volume bars. The KDJ is trending upward, approaching resistance near the 100 level. The VR indicator is consolidating around 120. On the four-hour chart, the strong upward rally is currently operating above the upper band. The Bollinger Bands are opening, short-term moving averages are rising, MACD lines are extending upward with continuous volume increase, and the KDJ is crossing upward near the 100 resistance. The VR indicator is consolidating around 150. Overall, the market has tested the box center support again. The daily candle broke through the middle band and the 60-day moving average, and if it stabilizes and continues, resistance around 72,000 can be tested. Otherwise, it will continue to retreat to test support near 67,500. Short-term focus on this range, using support and resistance levels for long and short entries. The technical structure remains within a large box, so follow the trend in the short term and wait for a definitive breakout before adjusting. Short-term trading suggestions:
Bitcoin Short-term Strategy: Short at 71,500, Long at 68,000 (Activate strategy with profit, trade at your own risk)
Yitai Technical Analysis ————
Yitai previously indicated a market movement of around 110 dollars, with a range of about 2030. The daily and four-hour technicals are synchronized; Bitcoin reference can be used. Short-term resistance is around 2200, support around 2050. Check short-term suggestions.
Yitai Short-term Strategy: Short at 2180, Long at 2060 (Activate strategy with profit, trade at your own risk)
— I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let’s share insights and profit together! $BTC #Gate广场四月发帖挑战