Bitcoin/Ethereum retracement long positions are successfully verified again

Analyst Liang Qiu: On April 22, the major currency forms a divergence again, with a short-term strategy

The major currency surged yesterday but started to decline in the evening. The overall pullback of the major currency is relatively small, while Ethereum's trend is weak. A recent drop broke below the recent daily low of around 1550, forming a divergence pattern. However, the larger trend mainly refers to the major currency; if it does not weaken, the market will continue to rise. The 4-hour MACD bullish momentum has not completely exhausted, currently stabilizing at 85500. The short-term trend is slightly strong, but the daily MACD shows a top divergence, and the continuous long upper shadows on the 4-hour chart indicate heavy selling pressure above. The hourly RSI is overbought, requiring caution for a pullback. Pay attention to the stabilization position around 86000 after the short-term rise.

From the daily chart of Ethereum, the EMA trend line shows a bearish trend, the MACD indicator has been expanding continuously while the K-line is trending down, with DIF and DEA diverging below the zero axis. The Bollinger Bands are moving downward, and the K-line is blocked by the middle track at the resistance level of 1630, with attention on the lower track around 1530. The KDJ indicator shows a valid death cross. On the 4-hour chart, after failing to break the EMA120 resistance at 1660, it fell below the EMA trend indicator. The MACD indicator's expansion is about to end, with the K-line stepping down to the Bollinger Bands' lower track at 1540 USD. The KDJ death cross has just formed, and the bearish momentum has not been completely released, suggesting further downward movement. After a pullback, we look for stabilization and rise.

In terms of operations, Liang Qiu suggests entering a long position for Bitcoin around 86500 to 87000, targeting near 89000; for Ethereum, entering a long position around 1540 to 1550, targeting near 1620.

Daily strategy analysis is limited, and the market is volatile, with specifics based on real-time conditions. #加密市场反弹