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The more diligent and hardworking you are, the more disciplined and outstanding you become. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, and providing insights into the market based on my own technical expertise.
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BCH On the daily chart, after rebounding from the bottom on May 1st, it has formed a small arc top. The midline short-term moving average is suppressing the Bollinger Bands and maintaining a flat trend. The MACD fast and slow lines are also flat with a slight decrease in volume, and the KDJ three lines are converging. The VR index is consolidating near the 40 value. On the four-hour chart, the market is currently testing the support of the lower Bollinger Band, which is in a trumpet-shaped opening state. The MACD fast and slow lines are extending downwards, and the KDJ shows signs of turning, but it is not strong enough at the moment. The VR index is consolidating near the 70 value. The short-term important support below is at the bottom of the arc top at 399, followed by short-term support at 427. The first resistance above is at 465, and the second resistance is at 483. Short-term trading can refer to the range for entry.
SOL On the daily chart, after forming a W pattern, it retraced to the neckline position, and then formed an M pattern. The market is currently running below the midline and short-term moving average, with the Bollinger Bands in a flat state. The MACD fast and slow lines are running upwards with a slight turning of the volume, and the KDJ is forming a downward cross. The VR index is consolidating near the 80 value. On the four-hour chart, the candlesticks are currently testing the support of the 60-day moving average, which can be a key focus in the short term. If there is no entity to break through, then the probability of a short-term rebound is higher; otherwise, it will seek new support downwards. If it breaks below this position, the first support below is at 136, and the second support is at 127. The first resistance above is at 147, and the second resistance is at 156. Short-term trading can refer to the range for entry.
—I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions or issues with trends, feel free to communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying, V Blog: Financial Expert Zhou Yueying
Article publication is subject to review delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are self-assumed! The market changes constantly every day, and all I can do is to provide some weak assistance based on my years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am a person who believes in fate. If you have any doubts or questions in the coin circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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