Analyst Liang Qiu: 4.20 BTC ETH weekend narrow fluctuations follow the bottom high and low switching.

BTC and ETH have been consolidating with narrow fluctuations over the weekend, with overall volatility being low. The pullback on the long positions we set up earlier has also reached its target as expected. Currently, the market is again pulling back; tonight, pay attention to the support levels at 83000 and 1530. If the support holds, the market may rebound. The four-hour Bollinger Bands have not shown significant changes, and the hourly chart has started to stabilize and rebound. Tonight, the main focus will be on a rebound after the pullback. However, tomorrow is Monday, and the overall trend may change, so be prepared to follow the trend waves; once a breakout occurs, act accordingly.
BTC ETH K-line pattern recently shows the price oscillating at a high level, forming multiple long upper shadow K-lines, indicating heavy selling pressure in the market. There is a clear downward trend on the daily chart, with several consecutive days closing in the red and significant volatility. Currently, the market is under pressure above and has support below. In terms of technical indicators, the MACD in the 4-hour cycle is in the negative zone, with the fast and slow lines diverging downwards, indicating that short-term bearish forces are dominant. However, as the market approaches the daily support level for the umpteenth time without breaking through, it can be considered bullish as long as it relies on support.
In the evening operation, Liangqiu suggests going long on Bitcoin around 83500 to 84000, aiming for around 85500; for Ethereum, go long around 1540 to 1560, targeting around 1620.
Daily strategy analysis is limited, and the market is variable, so it should be based on real-time information.

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