Analyst Chen Shu: 4.19 Afternoon Bitcoin and Ethereum Market Strategy Report, Trading Volume Decreases, Weak Fluctuations Awaiting Breakout Guidance

From the daily chart, Bitcoin is still oscillating and adjusting this week between the daily MA30-60 moving averages, specifically in the 8.55-8.35 range. On the 4-hour chart, it is currently running above the MA256 moving average, specifically above 8.35. The next focus should be on whether 8.35 will break down or whether 8.55 will break through and stabilize, waiting for a breakout in this range to guide the market direction.

From the daily chart, Ethereum has shown basically no fluctuations this week, with an overall price fluctuation of 50 points, resulting in limited trading space, so it is advisable to treat it as a range-bound market.

Afternoon Trading Strategy (Written at: 15:00):

BTC: The fluctuations on Saturday were minimal; today, one can trade within the range of 8.55-8.4 by selling high and buying low.

ETH: Treat the range of 1575-1610 by selling high and buying low.

The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!

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