Yueying: Bitcoin and Ethereum Market Analysis (April 30th) - Upward Channel Broken, Bearish Trend Expected? Latest Strategy Included

Bitcoin's daily chart shows a three-day losing streak followed by a rebound after finding support at the middle Bollinger Band. Intraday opening saw upward fluctuations. The Bollinger Bands are flattening and narrowing, with short-term moving averages trending downwards. The MACD fast and slow lines are extending downwards with increasing volume. The KDJ is trending downwards; watch for support near the 0 level. The VR indicator is consolidating around 170. On the 4-hour chart, after a false break below 75000, the price rebounded and is currently fluctuating around the lower Bollinger Band and moving averages. The Bollinger Bands are narrowing, with short-term moving averages trending downwards. The MACD fast and slow lines are turning upwards with decreasing volume. The KDJ is turning upwards with the three lines converging; watch for resistance near the 50 level. The VR indicator is consolidating around 100. Overall, interest rates are in line with expectations and haven't caused significant volatility. Short-term focus is on the resistance around the 7-day moving average. If the rebound fails to break through, the probability of a downward consolidation increases. Currently, the price is testing the middle Bollinger Band support; this support level can be used as a reference initially. A break below this level would likely lead to further downward movement. The overall candlestick structure hasn't recovered above the trend line, so the short-term bias is bearish. Short-term trading recommendations are advised. Bitcoin short-term trading suggestions: Short at 77080, Long at 75200 (Take profits as needed after strategy activation). Ethereum's daily and 4-hour technical charts are for reference only, in conjunction with Bitcoin's overall strategy. The market is in a weak, volatile phase; intraday rallies are expected to be bearish. Short-term resistance is around 2350, and support is around 2150. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2320, Long at 2188 (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!