Yue Ying: 4.24-25 Bitcoin and Ethereum Market Analysis Today, Weekly Continuous Bullish Trend Continues, Next Target 85k? Plus the Latest Strategies


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Bitcoin Technical Analysis ————

The previous bullish trend for Bitcoin has moved over $2,000. On the daily chart, the candlesticks continue to close higher, oscillating near the upper band, with the market opening with continued high-level consolidation. The Bollinger Bands are opening upward, with the short-term moving average trending higher, MACD fast and slow lines extending upward with decreasing histogram bars, KDJ crossing upward with resistance near the 100 level, and the VR indicator consolidating around 200. On the four-hour chart, candlesticks are supported near the middle band, oscillating between bullish and bearish, with Bollinger Bands flattening, the short-term moving average slightly upward, MACD fast and slow lines crossing downward with decreasing histogram bars, KDJ crossing upward with support near the 50 level, and the VR indicator consolidating around 130. Overall, after the market surged to new highs, it entered a high-level oscillation. It continues to stay within the upward channel, with short-term focus on the highs. If it does not break or fake-break, it will continue to oscillate and adjust. Unless a strong extension stabilizes around 80,000, then the trend may continue. Short-term support is around 75,000, and as long as the pullback does not break below this level, the upward channel structure remains intact. For short-term entries, rely on previous highs for buying, and buy above support levels. See the short-term recommendations.

Bitcoin Short-term Strategy: Short at 79,500, Long at 76,600 (activate strategy for profit, manage at your own discretion)

Yitai Technical Analysis ————

Yitai’s four-hour candlestick chart is under pressure below the 60-day moving average and the middle band, with resistance still relatively strong. Its trend is weaker than Bitcoin’s, but the overall approach still follows Bitcoin’s reference. Short-term support is around 2,250, and resistance is near 2,450. See the short-term recommendations.

Yitai Short-term Strategy: Short at 2,410, Long at 2,280 (activate strategy for profit, manage at your own discretion)

—— 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 with me! Let’s share insights and profit together! #Gate13周年现场直击 $BTC
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