Bitcoin's daily chart shows a previous candlestick closing as a bearish candle, finding support above 70,000. Intraday trading has been characterized by weak, volatile fluctuations. The Bollinger Bands are flat, while short-term moving averages are trending upwards. The MACD lines are slightly downwards with decreasing volume. The KDJ indicator is crossing downwards, with support around the 50 level. The VR indicator is consolidating around 90. On the 4-hour chart, the price is holding above the lower Bollinger Band and the 60-day moving average. The Bollinger Bands are widening, while short-term moving averages are trending downwards. The MACD lines are trending downwards with decreasing volume. The KDJ indicator found support near 0 and is turning upwards. The VR indicator is consolidating around 80. Overall, the price has encountered resistance around 73,700 and has pulled back. The short-term view remains unchanged: the next support zone is around 70,000-69,000. As long as the pullback doesn't break through this level, the pullback will likely end and the price will continue to test higher levels. The key resistance is near the weekly mid-band, which is also the best entry point for shorting. Be patient and wait for opportunities. The short-term strategy remains to buy on dips. See short-term recommendations. Bitcoin Short-Term Recommendation: Buy at 70300 (Take profits as needed after strategy activation). Ethereum's weekly, daily, and 4-hour chart technical indicators are consistent with Bitcoin's; refer to them concurrently. The overall strategy is also linked. Short-term support is around 2150-2120; if it pulls back and holds, look for upward movement. Short-term entry points are mainly long positions based on support levels. See short-term recommendations. Ethereum Short-Term Recommendation: Buy at 2168 (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!
Yueying: Bitcoin and Ethereum Market Analysis (April 13th): The price retraced after encountering resistance, but if support holds, the upward trend continues.
2026-04-13 09:00:09
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