Analyst Chen Shu: 4.18 continues to maintain a narrow range and waits for a breakout, midnight market analysis with accompanying trading strategy

The midday article analysis suggested going long on Bitcoin at 8.38 and Ethereum at 1585/1560. After the market pulled back in the evening session, it provided an entry opportunity. Currently, it has rebounded to 8.46, maintaining a small profit point consistent with the article's strategy. For the analysis of the night market, please see the following analysis.

Market Analysis: Currently, from the trend perspective, Bitcoin is oscillating between the MA30 and MA60 daily moving averages on the daily chart, specifically in the range of 8.36-8.58. Before breaking this range, it is advisable to maintain high sell and low buy strategies. After the breakout, corresponding operations will be based on the price. The 4-hour chart shows the oscillation center at the MA256 daily moving average at around 8.37; Ethereum is maintaining a weak oscillation, continuing to use the 1-hour MA256 daily moving average at 1580 as the oscillation center. The upcoming market will continue to see 1580 as the oscillation center for adjustments.

Trading Strategy (Published at: 00:00):

BTC: Long at 8.37, add to the long position on a pullback to 8.32, targets at 8.5/8.58; short around 8.5/8.58 looking for 8.4/8.37.

ETH: Long at 1560, add to the long position on a pullback to 1640, targets at 1590/1615; short positions to follow Bitcoin's operations.

Daily analysis strategy has a high win rate! Analysis is not easy, and I hope everyone will give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave messages for discussion below, I will reply one by one!