Yueying: Bitcoin and Ethereum Market Analysis (April 24-25) - Weekly Consecutive Positive Weeks, Next Stop 85,000? Latest Strategy Included

The long position in Bitcoin mentioned above has moved over $2000. Looking at the daily chart, Bitcoin's price action has seen consecutive bullish closes, consolidating around the upper Bollinger Band. Intraday opening saw continued high-level consolidation. The Bollinger Bands are widening upwards, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with decreasing volume, the KDJ is crossing upwards (watch for resistance around 100), and the VR indicator is consolidating around 200. On the 4-hour chart, the price found support around the middle Bollinger Band, oscillating within a range with alternating bullish and bearish candles. The Bollinger Bands are flattening, short-term moving averages are slightly upwards, the MACD fast and slow lines are crossing downwards with decreasing volume, the KDJ is crossing upwards (watch for support around 50), and the VR indicator is consolidating around 130. Overall, after a new high, the price has entered a high-level consolidation phase, remaining within an upward channel. The key level to watch in the short term is the high point; failure to break through or a false breakout will likely lead to continued consolidation. Unless a strong upward move stabilizes above 80,000, further upward movement is possible. Short-term support is around 75,000; a pullback without a significant break below this level will maintain the upward channel structure. For short-term trading, consider entering at previous highs and buying above support levels. See short-term suggestions. Bitcoin short-term suggestion: Short at 79500, Long at 76600 (Take profits as needed after strategy activation). Ethereum's 4-hour candlestick chart shows it's consolidating below the 60-day moving average and the middle band. The resistance above is relatively strong, and its trend is weaker than Bitcoin's, but the overall strategy should still be referenced in conjunction with Bitcoin. Short-term support is around 2250, and resistance is around 2450. See short-term suggestions. Ethereum short-term suggestion: Short at 2410, Long at 2280 (Click the image to see the homepage introduction for more cryptocurrency 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!