Yueying: Bitcoin and Ethereum Market Analysis for April 14th - Strong Rally Breaks Through, Aiming for 78,000? Short-Term Suggestions Included

Bitcoin's daily chart shows a strong upward move after finding support above 70,000, with the price continuing its upward trend from the opening today. The Bollinger Bands are widening, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with increasing volume, the KDJ is moving upwards, but watch for resistance around the 100 level, and the VR indicator is consolidating around 110. The four-hour chart shows a V-shaped reversal followed by seven consecutive bullish candles, currently consolidating near the upper Bollinger Band. The Bollinger Bands are widening upwards, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with increasing volume, the KDJ is showing signs of turning downwards, but watch for resistance around the 110 level, and the VR indicator is consolidating around 180. Overall, the price movement is in line with expectations, currently testing the previous high resistance around 76,000. If it breaks through, it will continue testing the previously mentioned resistance around 78,000. In the short term, consider entering at the high resistance level and watching for a pullback. The strategy has been bullish since the article on April 9th; now, look for shorting opportunities at resistance levels, as we are currently at a crucial dividing line. Here are some short-term suggestions. Bitcoin Short-Term Suggestions: Short at 75600 (Short at 77800) (Take profits as needed). Ethereum (ETH) was recommended for a long position at 2168, with the price rebounding at 2170. The strategy was slightly off, but the overall thinking was accurate. The overall technical picture is correlated with Bitcoin. Watch for resistance around 2500, followed by 2600. See short-term suggestions. Ethereum Short-Term Suggestions: Short at 2450 (Short at 2560) (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!