Yueying: 6.12 Bitcoin Ethereum Today's Market Analysis Is the big pie reaching a peak again or is it a short-term pullback adjustment? Latest short-term sharing

In a person's self-discipline lies infinite possibilities; the degree 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, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.

Here at Yueying, the strategy only includes precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, the previous candle closed as a bearish candle. The market opened today testing the 7-day moving average downwards. The Bollinger Bands are in a flat state, with the short-term moving averages running around the middle band. The MACD fast and slow lines are turning downwards, with the volume bars slightly decreasing, and the KDJ is turning downwards. The VR indicator is consolidating around the 120 value. On the 4-hour chart, after oscillating at a high level, the market has broken down through the middle band with consecutive bearish candles. The Bollinger Bands are narrowing while moving upwards, and the short-term moving averages are turning downwards. The MACD fast and slow lines are crossing downwards with increasing volume bars, and the KDJ shows signs of extending downwards. The VR indicator is consolidating around the 100 value. Overall, the market is facing resistance near the previous high and is pulling back, indicating some selling pressure in that area. In the short term, we can continue to reference this resistance, with support to watch at around 107000. If it breaks down, then we will look at the support around 105500. Let's look at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 109800, Long at 106600 (Activate strategy and manage profits accordingly)

Ethereum Technical Analysis ————

The daily chart of Ethereum shows the price returning to operate within the upper Bollinger Band. The overall technical analysis can refer to Bitcoin. In the short term, pay attention to the resistance around the previous high, and then around 2900. For support, watch the area above 2600. Let's look at short-term suggestions.

Ethereum Short-term Suggestion: Short at 2868 (Short at 2920), Long at 2668 (Activate strategy and manage profits accordingly)

—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's share and profit together!

The publication of articles has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by yourself! The market changes every day, and what I can do is use my years of practical experience to provide some slight help, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the cryptocurrency world, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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