Yueying: Bitcoin and Ethereum Market Analysis (April 10th) - Current price saw long positions closed, 70,000 support level held, bullish outlook continues.

The previous long position in Bitcoin at the current price of 70850 has moved within a range of approximately 2200 dollars. Looking at the daily chart, the previous candlestick broke through the upper Bollinger Band but failed to stabilize, instead closing lower and retracing. The Bollinger Bands are widening upwards, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with increasing volume, the KDJ is turning upwards and flattening out; watch for resistance around the 100 level. The VR indicator is consolidating around the 90 level. On the four-hour chart, the price rallied again to a high point but encountered resistance near the upper Bollinger Band and declined. Intraday trading has been range-bound, the Bollinger Bands are widening upwards, short-term moving averages are slightly flattening, the MACD fast and slow lines have turned downwards and crossed downwards with increasing volume, the KDJ is trending downwards; watch for support around the 30 level, and the VR indicator is consolidating around the 100 level. Overall, the price is maintaining a high-level consolidation, and the trend is in line with expectations, so the strategy remains unchanged. Continue to watch the support around 70000 for further movement. If 73000 is broken in the short term, the next target is around 75000. A break below the lower support will likely lead back into the previous trading range. Therefore, in the short term, we should first look for support and be bullish. Be aware of short-term volatility and potential market manipulation due to the CPI data release tonight. See short-term suggestions. Bitcoin short-term suggestion: Buy at 71200 (take profits as needed after strategy activation). There was a typo in the previous strategy entry point; the long position at 2175 has moved approximately 70 dollars. The overall technical trend is linked to Bitcoin's strategy and can be used as a reference only. Pay attention to the short-term support at 2150. See short-term suggestions. Ethereum short-term suggestion: Buy at 2168 (Click the image to see the homepage introduction for more coin analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!