Yueying: 7.23 Bitcoin Ethereum today's market analysis short position cashing out Is Ethereum entering a volatile adjustment with weakened bullish momentum?

CN
7 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 ————

In the previous analysis, Bitcoin's short-term shorts have created some space, maintaining high-level fluctuations. The daily chart shows that the previous candle closed bullishly, breaking the 7-day moving average. The market opened today with a pullback, testing the 7-day moving average again. The Bollinger Bands continue to run upwards, with the short-term moving averages extending upwards. The MACD fast and slow lines have crossed downwards, with the volume bars turning green, and the KDJ turning upwards. The VR indicator is consolidating around the 200 value. On the 4-hour chart, the market is facing resistance at the upper band, pulling back to run around the middle band. The Bollinger Bands are flattening, with the short-term moving averages running around the middle band. The MACD fast and slow lines have broken through the 0 axis and turned downwards, with the volume bars decreasing. The KDJ has crossed downwards, and the VR indicator is consolidating around the 100 value. Overall, the market's breakthrough around 120,000 has not continued, returning to the 4-hour Bollinger Bands range for fluctuations. In the short term, continue to pay attention to the range of 120,000-116,000, waiting for a breakout before readjusting the plan and looking at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 119,700, Long at 116,800 (Strategy activated, profit to be managed independently)

Ethereum Technical Analysis ————

In the previous analysis, Ethereum's short position has created nearly a $100 space. The daily chart is testing the support around the 7-day moving average, which can be monitored for now. If it breaks, pay attention to the support around 3,530. The upper resistance to watch is around 3,750, followed by the previous high below. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Short at 3,740 (3,828 short), Long at 3,630 (3,558 long) (Strategy activated, profit to be managed independently)

—— 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 exchange ideas 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; 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 crypto world, you can follow Zhou Yueying more, and I believe it will be helpful to you.

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