Yueying: 4.28 Bitcoin Ethereum Today's Market Analysis, Cautious in Chasing Uptrend as Trend Change Approaches, New Highs May Be a Trap

CN
6 hours ago

A person's self-discipline hides infinite possibilities; the degree of your self-discipline determines the height of your life.

There are no shortcuts in life, but every step you take counts.

The more diligent, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.

Here at Yueying, the strategy only includes precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, the previous candle closed bearish. After opening lower during the day, it rebounded and stood above the 7-day moving average. The Bollinger Bands are running upwards with signs of contraction, and the short-term moving averages are arranged upwards. The MACD fast and slow lines are extending upwards with a shrinking volume bar, and KDJ is moving upwards again, paying attention to the resistance near the 100 value. The VR indicator is consolidating around the 280 value. On the 4-hour chart, the market briefly broke below the lower track and then recovered, breaking through the moving averages and testing the middle track upwards. The Bollinger Bands continue to contract and narrow, with short-term moving averages running around the middle track. The MACD fast and slow lines are extending downwards with a shrinking volume bar, and KDJ is crossing upwards, while the VR indicator is consolidating around the 150 value. Overall, the market quickly recovered after a pullback, and the divergence on the 4-hour level has not been corrected yet. Therefore, any short-term rebound should be treated with caution. The main chart indicators on the 4-hour level suggest that the market is about to break the high-level oscillation structure. For short positions, continue to refer to the previous high level; if it breaks, wait for a new high to appear before entering, and look at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 95300, (Short at 96600), Long at 92800 (Long at 91880) (Activate strategy and manage profits on your own)

Ethereum Technical Analysis ————

Ethereum's daily chart is still below the 60-day moving average and facing resistance near the upper band. Therefore, the short-term strategy remains unchanged, referring to the previous high level; if it breaks, refer to the resistance below 1900. The short-term support still refers to around 1700. Look at short-term suggestions.

Ethereum Short-term Suggestion: Short at 1838 (Short at 1878), Long at 1738 (Long at 1688) (Activate strategy and manage profits on your own)

—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's exchange ideas and profit together!

The publication of articles has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes every day, and what I can do is use my years of practical experience to provide some slight help, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto world, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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