Yue Ying: Bitcoin and Ethereum Market Analysis for April 3rd - Can the Extremely Weak Market Rebound? Latest Trend Recommendations Included



I am Zhou Yue Ying. If you enjoy the article, please follow me, and let's see today's insights!

Bitcoin Technical Analysis ————

On the daily chart, Bitcoin's previous candle tested the middle band of the Bollinger Bands and the 60-day moving average again, facing resistance and moving downward. The Bollinger Bands are opening, with short-term moving averages flattening. The MACD fast and slow lines are moving downward, with decreasing histogram bars. The KDJ is trending downward with signs of a crossover, watch for resistance near the 50 level. The VR indicator is consolidating around 130. On the 4-hour chart, after a morning decline and a doji candle, the market is now in consolidation. The Bollinger Bands are flattening, with the short-term moving average slightly turning upward. The MACD lines are moving downward with decreasing histogram bars. The KDJ has turned upward with the three lines converging, watch for support near the 0 level. The VR indicator is consolidating around 150. Overall, the market is again trending downward and weak, but still within the range. Yue Ying's strategy remains the same: short-term resistance around 69,000, support around 66,000. Focus on these levels for short-term trading.

Bitcoin Short-term Strategy: Short at 68,800, Long at 66,300 (Activate strategy for profit opportunities)

Yitai Technical Analysis ————

Yitai's structure remains unchanged; the overall technical outlook is aligned with Bitcoin's. Short-term resistance is around 2,200, support around 2,000. Short-term trading suggestions are as follows:

Yitai Short-term Strategy: Short at 2,150, Long at 2,030 (Activate strategy for profit opportunities)

— I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's share insights and profit together! #加密市场行情震荡 #Gate广场四月发帖挑战 $BTC
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