4.15 Bitcoin/Ethereum Market Analysis and Strategy Reference

Good morning, friends! I believe everyone made a fortune from yesterday's operations! Looking back, when I published the article, I provided a strategy to go long at 83800 for Bitcoin. Last night, the price rebounded strongly, reaching a peak of around 85700, easily securing nearly two thousand points in profit. For Ethereum, I set a long position at 1580, which also yielded nearly a hundred points in profit. I've consistently emphasized the importance of boldly going long when the price retreats to support levels, and the facts prove that the strategy was completely correct. Seizing the right moment can lead to substantial returns!

Bitcoin's daily high was 85750, and the low was 83600, supported by EMA26 at 84500. The overall trend is contracting. There is a possibility for a bullish breakout, but it's rare for the price to stay above the same trend line consecutively. If it fails to break through, a reversal could occur. MACD is increasing with volume, but the K-line is diverging due to strong pressure. The Bollinger Bands are flat, and the price is hovering around the middle band at 82850, unable to reach the upper band at 88200. Breaking through the box pressure at 86250 is crucial.

The four-hour K-line shows a clear top structure, trading sideways above the trend line, with trend indicators expanding upwards. MACD is decreasing in volume, with DIF and DEA trending down from a high level, while the K-line is diverging upwards. The Bollinger Bands are contracting, with upper resistance at 85400 and lower support at 83000. The contracting market continues, and the top divergence intensifies. If the box is not broken, we can trade in ranges; if it breaks, we will determine the direction afterward.

Go long from 83800 to 83200, add to the position at 82500, set a stop loss at 500 points, with a target of 84300 to 85000 and 85500.

Go short from 87000 to 86200, add to the position at 87500, set a stop loss at 500 points, with a target of 85500 to 85000 and 86000.

For Ethereum, the upper resistance level for shorting is between 1650 and 1700, add to the position at 1750, set a stop loss at 40 points, with a target of 1580 to 1530 and 1500.

Go long from 1590 to 1560, add to the position at 1530, set a stop loss at 40 points, with a target of 1620 to 1650 and 1700.

Thank you for the trust, this is my confidence in sharing within the cryptocurrency space. The crypto market is volatile; don’t rush to leave after making a profit, and don’t resist losses stubbornly. If you agree, please give a thumbs up, and let’s earn steadily together! #币安投票上币 $BTC