Yueying: Bitcoin and Ethereum Market Analysis (April 3rd): Extremely Weak Market - Can a Reversal Occur? Latest Trend Suggestions Included

Looking at the daily chart for Bitcoin, the previous candlestick tested the Bollinger Band middle line and the 60-day moving average again before encountering resistance and declining. The Bollinger Bands are widening, short-term moving averages are flat, the MACD fast and slow lines are trending downwards with decreasing volume, and the KDJ is flattening downwards with signs of a crossover; pay attention to the resistance around the 50 level. The VR indicator is consolidating around the 130 level. On the 4-hour chart, after a morning decline and closing with a doji, the price is currently consolidating. The Bollinger Bands are flattening, short-term moving averages are slightly turning upwards, the MACD fast and slow lines are trending downwards with decreasing volume, and the KDJ has turned upwards with the three lines converging; pay attention to the support around the 0 level. The VR indicator is consolidating around the 150 level. Overall, the market is showing weakness after another decline, but it remains within a range. Therefore, the strategy remains unchanged: short-term resistance is around 69000, and support is around 66000. See the short-term recommendations below. Bitcoin short-term trading suggestions: Short at 68800, Long at 66300 (Take profits as needed after strategy activation). Ethereum's structure remains unchanged; refer to Bitcoin's technical analysis. Short-term resistance is around 2200, and support is around 2000. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2150, 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!