Yueying: Bitcoin and Ethereum Market Analysis (April 23) - Short Positions Proceeded, Strong Structure, Is It Still Possible to Short Again?

The shorting opportunities for Bitcoin mentioned above are currently limited. Looking at the daily chart, the previous candlestick broke through the recent high, tested the upper Bollinger Band, and then closed with a doji. Intraday opening saw a pullback and adjustment. The Bollinger Bands are widening upwards, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with increasing volume, the KDJ is extending upwards; watch for support around the 50 level. The VR indicator is consolidating around 170. On the four-hour chart, after encountering resistance, the price continued to decline, and is currently rebounding and oscillating around the moving averages. The Bollinger Bands are showing signs of flattening, short-term moving averages are slightly upwards, the MACD fast and slow lines are parallel with decreasing volume, the KDJ is crossing downwards but showing signs of turning around; watch for resistance around the 100 level. The VR indicator is consolidating around 150. Overall, the price is just a step away from 80,000. Although there was a slight pullback during the day, the candlestick pattern remains strong and maintains an upward structure. The above strategy is correct; the short-term strategy continues to focus on buying on pullbacks. Short-term resistance levels to watch are the previous high and the strong resistance at the round number level. A break above these levels could lead to further gains. Short-term support is around 76,000. See short-term recommendations. Bitcoin short-term recommendations: Short at 78,900, Long at 76,500 (take profits as needed). The short position at 2435 given above for Ethereum has moved 100 dollars, while the long position at 2330 has not yet seen much upside. Looking at the four-hour chart, the price found support at the middle Bollinger Band and the 60-day moving average and is currently rebounding. Although the technical trend is weaker than Bitcoin, the overall strategy can be referenced in conjunction with Bitcoin. Short-term resistance is around 2450, and support remains around 2300. The short-term strategy remains the same. See short-term recommendations. Auntie's short-term trading suggestion: Short at 2435, Long at 2330 (Manage profits as needed if the strategy is activated). — 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!