Analyst Liang Qiu: April 27 Bitcoin and Ethereum Evening Market Analysis
Bitcoin and Ethereum have shown a strong overall trend after a recent rally, especially Ethereum, which has been oscillating around 1800. Our previous strategy for short positions around 95000 and between 1800 to 1820 indicates that Bitcoin still has a downside space of 1500 points, while Ethereum remains in high-level consolidation. However, the daily structure has begun to show signs of a peak and pullback, with resistance levels unchanged at 96000 and the 1850 line. On the weekly level, there has been a continuous bullish trend, indicating a strong overall trend with a large upward direction, but a pullback is expected in the short term, with support levels at 92000 and around 1750.
In terms of K-line patterns for Bitcoin and Ethereum, recent K-lines have formed a consolidation pattern. The daily chart shows multiple long lower shadows, indicating strong support below. In technical indicators, the 4-hour MACD is in negative territory, but the fast and slow lines are gradually converging, which may form a golden cross, suggesting a short-term rebound opportunity.
For evening operations, Liang Qiu suggests shorting Bitcoin around 94300 to 94800, targeting around 92800; for Ethereum, shorting around 1810 to 1830, targeting around 1760.
Daily strategy analysis is limited; the market is variable, and specifics should be based on real-time conditions. #MichaelSaylor暗示增持BTC