In a person's self-discipline, there is infinite potential. The level of your self-discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
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.
First release on the official account. For friends who want to verify my strength, follow the official account at the end of the article to find Yueying. There are irregular real-time price strategy suggestions in the Moments every day. Here, Yueying's strategies only provide precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!
The short strategy for Bitcoin mentioned earlier missed the mark by more than $200, but the short-term at around 2580 is still good, with a potential $70 downside. It's basically a high point, and those who followed should have gained something.
Bitcoin Technical Analysis————
On the daily chart, Bitcoin closed with an upper shadow, tested the 60 average, and then retraced. Intraday, it is oscillating narrowly below the short-term average and the midline, with the Bollinger Bands contracting and running flat. The MACD fast and slow lines crossed below the 0 axis with a slight increase in volume, and the KDJ is showing signs of a downturn. The VR index is consolidating near the 70 value. On the 4-hour chart, after being resisted at the midline, the market plunged and is now testing the midline again. The key resistance above is focused on the EMA200 area. The Bollinger Bands are starting to contract, the MACD fast and slow lines are crossing upwards at a low level, the volume bars are turning red with increased volume, the KDJ is starting to turn upwards, and the VR index is consolidating near the 60 value. Overall, the market for Bitcoin has not broken out of the box structure, with resistance at around 62000. Considering that there is not expected to be a significant fluctuation over the weekend, intervention around the short-term resistance of EMA200 is recommended for short-term positions.
Short-term recommendation for Bitcoin: Short at 61000, long positions will be provided during the session (activate the strategy to take advantage of profits at your own discretion)
Ethereum Technical Analysis————
There's not much to say about the technical aspects of Ethereum. You can refer to the indicators and strategies for Bitcoin. The short at 2580 has gained something, so you can continue to consider entering the resistance area around this level. Because the short-term resistance above is around 2580 and 2650, it is expected that there will not be a major market movement over the weekend, with a high probability of mainly oscillating. If there is an unexpected market movement, the article will be updated accordingly. Short-term intervention is recommended.
Short-term recommendation for Ethereum: Short at 2580, long at 2268 (activate the strategy to take advantage of profits at your own discretion)
——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, you can communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying
Article publication is subject to review delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are to be borne by the individual. The market changes drastically 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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