Yueying: Bitcoin and Ethereum Market Analysis for Today, April 20. A Turning Point is Imminent: Will the Bulls Make a Comeback or Will the Bears Secure Another Victory? I am Zhou Yueying, and let's take a look at today's share!

Bitcoin Technical Analysis————

From the daily chart, the weekend market for Bitcoin remains unchanged, maintaining a high-level oscillation, facing resistance around the 60-day moving average, the previous short position at 85200 can continue to hold or take profit. The Bollinger Bands are flattening with a slight opening, and the short-term moving averages are continuing to provide support below. The MACD fast and slow lines are crossing upward with a decrease in volume, and the KDJ is crossing downward. The VR indicator is consolidating around the value of 150. On the 4-hour chart, the market is in narrow oscillation, currently running below the middle band, the Bollinger Bands are narrowing, indicating a potential downward turn in short-term moving averages. The MACD fast and slow lines are crossing downward with a volume increase, and the KDJ is moving downward. The VR indicator is consolidating around the value of 80. Overall, the market continues to oscillate within a range, and the resistance at the previous high can continue to be referenced, while the support below remains unchanged. Therefore, in the short term, we should continue to reference the previous range and wait for a breakout before making the next adjustment. Look at the short term.

Bitcoin Short Term: 85200 Short, 83700 Long (Strategy activation has space for self-management)

Ethereum Technical Analysis————

Regarding Ethereum, the previous short position also hasn't moved much space. The 4-hour candlestick chart continues to oscillate in a narrow range. The key point for a change is approaching and is expected to occur tonight or tomorrow. For the short term, we will treat it as a small box. The current trend is not very clear, overall still in a weak state, with a focus on the resistance zone above. We still primarily consider short positions on rebounds, with long positions as a supplement. In the short term, we can continue to reference the previous strategy and look at the short term.

Ethereum Short Term: 1608 Short, 1540 Long (Strategy activation has space for self-management)

——I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions about operations or trends can communicate and learn operations with me! See you next time. #美联储独立性 #BTC☀