Yueying: Bitcoin and Ethereum Market Analysis for April 28th - Pullback Without Breaking Down Signals for Upward Movement (with Latest Trend Strategy)

Bitcoin's daily chart shows a bearish candlestick pattern, touching the 79500 area again before encountering downward pressure. The weakness continued at the open. The Bollinger Bands are narrowing and flattening, with short-term moving averages running parallel. The MACD fast and slow lines are converging downwards with decreasing volume. The KDJ indicator is crossing downwards; watch for support around the 50 level. The VR indicator is consolidating around 190. On the 4-hour chart, the price is facing resistance around the 60-day moving average and is currently trading above the lower band. The Bollinger Bands are widening, and short-term moving averages are crossing downwards. The MACD fast and slow lines have broken below the zero line and are extending downwards with increasing volume. The KDJ indicator is slightly turning upwards; watch for support around the zero level. The VR indicator is consolidating around 70. Overall, the intraday market showed a weak downward trend, but as long as the pullback doesn't break key levels, the upward trend can continue. Short-term resistance is around 79000, and support is around 76000. A break below this level would indicate further downside potential around 75000, which is also a key level to determine whether the downtrend will continue. If this level holds, the bulls don't need to worry. For short-term entry, refer to resistance and support levels. See short-term suggestions. Bitcoin short-term suggestion: Short at 78500, Long at 76300 (Take profits as needed). Ethereum's four-hour chart shows support and a rebound around the lower Bollinger Band. Currently, it's facing resistance from the moving average. A break above this level could indicate further upside. The overall trend is similar to Bitcoin's. Short-term resistance is around 2400, and support is around 2200. See short-term suggestions. Ethereum short-term suggestion: Short at 2370, Long at 2230 (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 strategies or market trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!