Analyst Chen Shu: 4.19 Afternoon Bitcoin and Ethereum Market Strategy Report, Trading Volume Decreases with Weak Fluctuations Awaiting Breakout Guidance

From the daily chart, Bitcoin is still fluctuating and adjusting between the daily MA30-60 moving averages this week, specifically in the 8.55-8.35 range. On the 4-hour chart, it is currently operating above the MA256 moving average, specifically above 8.35. Next, we just need to focus on whether 8.35 will break down or whether 8.55 will break through and stabilize, waiting for a breakout in this range to guide the market direction.

From the daily chart, Ethereum has shown basically no fluctuations this week, with an overall price fluctuation of 50 points, resulting in limited trading space, so it is advisable to treat it as a sideways market.

Afternoon Trading Thoughts (Written at: 15:00):

BTC: There has been little fluctuation on Saturday; today, a high sell-low buy strategy in the 8.55-8.4 range is sufficient.

ETH: Treat it with a high sell-low buy strategy in the 1575-1610 range.

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