Yueying: Bitcoin and Ethereum Market Analysis Today (April 8th) - Another Breakout, Expected to Continue, Bitcoin to Reach 78,000?

Bitcoin's daily chart shows a strong bullish breakout above the upper Bollinger Band followed by a pullback, with intraday trading consolidating. The Bollinger Bands are widening, short-term moving averages are trending upwards, the MACD lines are extending upwards with increasing volume, the KDJ is flattening out and showing resistance around 100, and the VR indicator is consolidating around 110. On the 4-hour chart, the price broke strongly above the upper Bollinger Band but failed to sustain the upward momentum, currently consolidating near it. The Bollinger Bands are widening upwards, short-term moving averages are trending upwards, the MACD lines are crossing upwards with increasing volume, the KDJ is trending upwards and showing support around 50, and the VR indicator is consolidating around 140. Overall, the price has broken through the upper edge of the trading range again. The next support level to watch is around 70,000. If it holds, this rebound could reach around 78,000. Therefore, consider going long on a pullback to 70,000 if it doesn't break down decisively. The previous strategy was to follow the breakout direction of the trading range to identify the new structure; today, try trading according to this strategy. See short-term suggestions. Bitcoin Short-Term Trading Recommendations: Aggressive traders can buy at 71200 (conservative traders can buy at 70300), targeting 75000 (adjust profits as needed after strategy activation). My previous long position on Ethereum missed by a dozen dollars, and Bitcoin's missed by several hundred. The overall technical picture follows Bitcoin's, and the price action has broken through the upper edge of the trading range. As long as the pullback doesn't break 2180, the price is expected to extend upwards. See the short-term recommendations. Ethereum Short-Term Trading Recommendations: Aggressive traders can buy at 2230 (conservative traders can buy at 2200), targeting 2400 (click the image to see the homepage introduction for more coin 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!