Yueying: Bitcoin and Ethereum Market Analysis Today - Key Resistance is Imminent, Who Will Prevail?

Looking at the daily chart for Bitcoin, the price has broken through the previous range with consecutive positive days and is currently trading above the upper Bollinger Band and the 60-day moving average. The Bollinger Bands are widening, and the short-term moving averages are turning upwards. The MACD fast and slow lines are extending upwards and show signs of breaking through the zero line, with increasing volume. The KDJ is encountering resistance near the 100 value and shows signs of turning downwards. The VR indicator is consolidating around the 90 value. On the 4-hour chart, the price is trending upwards in a volatile manner. After opening higher and breaking through the upper Bollinger Band this morning, it has slightly retraced and entered a period of consolidation. The Bollinger Bands are widening, and the short-term moving averages are aligned upwards. The MACD fast and slow lines are extending upwards, with the volume bars fluctuating between decreasing and increasing. The KDJ is turning downwards and forming a crossover, and the VR indicator is consolidating around the 240 value. Overall, the bulls have recovered somewhat since the beginning of January. Although the technical picture is biased towards the bulls, the resistance above should not be ignored, especially around the previous high. Therefore, in the short term, we can refer to the test of this level and expect a pullback. The short-term support level is around 91000. Short-term recommendations are as follows. Bitcoin short-term trading suggestions: Short at 94100, Long at 91800 (Take profits as needed after strategy activation). Ethereum's daily and 4-hour technical charts are similar to Bitcoin's, with consecutive positive days on the daily chart. Short-term strategies can be referenced in conjunction with Bitcoin. Watch for short-term resistance around 3300 and support around 3080. See short-term suggestions. Ethereum short-term suggestions: Short at 3260, Long at 3118 (Click the image to see the homepage introduction for more cryptocurrency analysis). — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!