Yueying: June 20 Bitcoin Ethereum Today's Market Analysis Bulls Break the Stalemate of Extreme Pull? It's too early to say Resistance Awaits Short

CN
4 hours ago

A person's self-discipline hides 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 candlestick continues to form a small doji. The intraday opening shows strong rebound momentum, testing the mid-band. The Bollinger Bands continue to flatten, with the short-term moving averages running around the mid-band. The MACD fast and slow lines are moving down, with the volume bars decreasing, and the KDJ is turning upwards. The VR indicator is consolidating around the 100 value. On the 4-hour chart, the current market has broken through the small range of the past two days, testing the 60-day moving average. The Bollinger Bands are in a contracted state, with the short-term moving averages slightly turning upwards. The MACD fast and slow lines are crossing upwards, with increasing volume, and the KDJ is moving upwards, noting resistance around the 100 value, while the VR indicator is consolidating around the 80 value. Overall, after about two days of small range fluctuations, the market has welcomed a breakout, but the resistance above should not be underestimated. For intraday short-term trading, we will first look to short at the upper resistance.

Bitcoin Short-term Suggestion: Short at 106800 (Short at 108300) (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

As mentioned earlier, we need to watch the gains and losses around 2540 in the short term. After multiple retests in this area, today's rebound has broken through the small range of fluctuations, with technical indicators synchronizing with Bitcoin for reference. For intraday short-term trading, we will also rely on the upper resistance to enter, looking at short-term suggestions.

Ethereum Short-term Suggestion: Short at 2588 (Short at 2668) (Activate 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!

There may be delays in article publication review, 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 assistance, 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 crypto world, you can follow Zhou Yueying more, and I believe it will be helpful to you.

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