Yueying: 6.13 Bitcoin Ethereum Today's Market Analysis Cliff-like Plunge Market Where are the Opportunities for Long Positions?

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 bearish. The market opened today and continued to test the support around 103,000, rebounding. 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 have crossed downwards again, with the volume bars increasing, and the KDJ has turned downwards, forming a cross. The VR indicator is consolidating around the 110 value. On the 4-hour chart, the price broke below the lower band and then recovered. The Bollinger Bands are opening, and the short-term moving averages are turning downwards. The MACD fast and slow lines have broken below the 0 axis and are extending downwards, with the volume bars decreasing. The KDJ is crossing upwards, and the VR indicator is consolidating around the 70 value. Overall, this wave of decline influenced by geopolitical situations may continue for too long. As long as the key support below does not break, we expect a rebound in the short term, with short-term resistance to watch around 107,000. Here are the short-term suggestions.

Bitcoin Short-term Suggestions: Short at 106,600 (Short at 108,700), Long at 103,800 (Long at 101,800) (Activate the strategy and manage profits yourself)

Ethereum Technical Analysis ————

Ethereum also follows the decline of Bitcoin, testing support before rebounding. The technical aspects are linked to Bitcoin for reference. The short-term key support below is around 2,400 and 2,300, while resistance can temporarily refer to the previous upper boundary of the range. Here are the short-term suggestions. PS: If Bitcoin and Ethereum break key support, be cautious in participating in long positions.

Ethereum Short-term Suggestions: Short at 2,600 (Short at 2,688), Long at 2,478 (Long at 2,380) (Activate the strategy and manage profits yourself)

—— 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 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, and I believe it will be helpful to you.

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