Analyst Chen Shu: 4.22 Afternoon Bitcoin and Ethereum Market Strategy Report, Daily Line Breakout to Focus on Previous High Resistance

Yesterday's afternoon article analysis suggested to buy Bitcoin at 8.73/8.65 and Ethereum at 1640/1610. In the afternoon, Bitcoin pulled back to provide a perfect entry point and rebounded to a high of 8.8, while Ethereum rebounded to the 1640 level, securing 1500 points of profit on the long position with a small profit in Ethereum. Congratulations to friends who followed the strategy.

From the daily chart of Bitcoin, it can be seen that yesterday the price rose to the previous high volatility point of 8.85/8.88 due to a bullish candle. Currently, in the short term, it is facing slight resistance at the 8.88 level and has pulled back slightly. The daily focus is on whether the 8.88 resistance level can be broken and stabilized. If it breaks and stabilizes, the short-term may test the 90,000 USD level again; otherwise, it will pull back to 85,000.

From the daily view of Ethereum, the price continues to maintain a weak volatile rebound to 1640, after which the price quickly fell. The overall trend is relatively weak, and it is expected that the price will remain around 1590 as the center point for adjustment. Looking at the 1/4 hour, the short-term resistance level is at 1600/1610, with trend resistance at 1630.

Afternoon Operation Thoughts (writing time: 12:30):

BTC: Buy at 8.76, add to long at 8.7 on pullback, target 8.85/8.9; above 8.9, attempt to short on opportunities for a short-term pullback.

ETH: Short at 1600, add to short at 1630 on rebound, target 1560/1530; consider long positions at 1530/1550.

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to leave comments below; I will reply one by one!