Yueying: Bitcoin and Ethereum Market Analysis (April 1st) - Long Positions Take Profit, Short-Term Outlook Remains Within Trading Range (Latest Recommendations)

The price action on Bitcoin, previously mentioned at 66300, has moved within a range of approximately 2900 dollars. Looking at the daily chart, the previous three consecutive bullish candles are currently trading below the 60-day moving average and the middle Bollinger Band. The Bollinger Bands are slightly widening, with short-term moving averages trending downwards. The MACD fast and slow lines are turning upwards with decreasing volume. The KDJ is trending upwards, but watch for resistance around the 50 level. The VR indicator is consolidating around the 130 level. On the 4-hour chart, the price broke through the 60-day moving average but encountered resistance near the upper Bollinger Band, resulting in a close with a wick. The Bollinger Bands are widening, with short-term moving averages extending upwards. The MACD fast and slow lines have broken above the zero line, with the volume fluctuating between increasing and decreasing. The KDJ is turning downwards, so watch for resistance around the 100 level. The VR indicator is consolidating around the 130 level. Overall, the price recovered after a false breakout of the consolidation range. The short-term structure remains unchanged; continue to treat it as a range-bound market. Watch for resistance around 70000 and support around 66000. See the short-term recommendations below. Bitcoin short-term trading suggestions: Short at 69800, Long at 66500 (Take profits as needed after strategy activation). Ethereum's 4-hour chart has been consistently above the middle Bollinger Band, with the Bollinger Bands widening upwards and the lows rising, but resistance remains. The overall technical picture should be referenced in conjunction with Bitcoin. Short-term resistance is around 2200, and support is around 2000. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2180, Long at 2030 (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!