Yue Ying: 4.20 Bitcoin and Ethereum Market Analysis Today, Phase Adjustment Above 73k Looks for Rebound, Latest Trend Strategy Included I am Zhou Yue Ying. If you enjoy the article, please follow me and check out today's sharing!

Bitcoin Technical Analysis ————

Bitcoin daily chart shows two consecutive downward candles, directly pulling back from recent continuous gains. After touching support at the open, there was a rebound. The Bollinger Bands are opening upward and flattening, with short-term moving averages slightly turning sideways. The MACD fast and slow lines are leveling off downward, with decreasing volume bars. The KDJ is turning downward, watch for support near the 0 level. The VR indicator is consolidating around 110. On the four-hour chart, the market is supported by the 60-day moving average and the lower band for a rebound. Currently, it is resisting around the mid-band with some pin-like fluctuations, Bollinger Bands are flat, short-term moving averages are parallel, MACD fast and slow lines are moving downward with decreasing volume, and the KDJ is crossing upward, watch for resistance near the 50 level. The VR indicator is consolidating around 130. Overall, the market started to decline above 78,000, which is the previously mentioned major dividing line. The trend is in line with expectations. This wave of shakeout is partly influenced by news. Although the short-term market is weak, key support levels below remain intact. There is no continuous one-way trend; revisiting and solidifying each key level is healthy. Currently, the market can be seen as a phase of adjustment and repair. Short-term support is around 73,000, with resistance at about 77,000. Focus on short-term trading suggestions.

Bitcoin Short-term Trading Advice: Short at 76,600, Long at 73,700 (Activate strategy for profit, trade at your own risk)

Ethereum Technical Analysis ————

Ethereum's rebound strength is slightly weaker. After support at the lower band on the four-hour chart, it started to stretch and is now testing the 60-day moving average. The overall technicals are linked to Bitcoin for reference. Short-term support is around 2,200, and resistance is near 2,400. Focus on short-term trading suggestions.

Ethereum Short-term Trading Advice: 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! $BTC ‌#加密市场小幅下跌 #Gate13周年现场直击