Yueying: 9.8 Bitcoin Ethereum today's market analysis, the Ethereum box is about to break, will there be a significant drop on Monday?

CN
18 hours ago

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 areas. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, after the weekend's fluctuations, the previous candle closed as a bullish line, facing resistance around the middle track. The market opened today and is currently fluctuating below it. The Bollinger Bands are in a flat state, with the short-term moving averages slightly turning upwards. The MACD fast and slow lines are crossing upwards, with the volume bars turning red and slightly increasing. The KDJ has turned upwards again, and the VR indicator is consolidating around the 70 value. On the 4-hour chart, after breaking the middle track, the market did not continue and is now fluctuating downwards, testing the middle track again. The Bollinger Bands are in a contracted state, with the short-term moving averages running around the middle track. The MACD fast and slow lines have turned downwards again, with the volume bars slightly decreasing. The KDJ is facing resistance and turning downwards, while the VR indicator is consolidating around the 70 value. Overall, although the market is fluctuating upwards, it remains weak in the short term as the upper resistance has not been broken. For short-term reference, consider the resistance around the upper track and EMA200 on the 4-hour chart. If it breaks through, then refer to the resistance below around 114000. Short-term support is focused on above 109000, followed by the previous low.

Short-term Bitcoin suggestion: Buy at 109500 (Buy at 108200), Sell at 112600 (Sell at 113800) (Activate strategy and manage profits on your own)

Ethereum Technical Analysis ————

The short position at 4470 for Ethereum has been realized again. The daily chart is currently facing resistance from the 7-day moving average, and the middle track above is also a key position to watch in the short term. On the 4-hour chart, the market is still within the previously mentioned range. In the short term, first focus on the upper track and the 60-day moving average, followed by the upper edge of the box around 4500. For support below, continue to focus on around 4200, followed by around 4100.

Short-term Ethereum suggestion: Buy at 4238 (Buy at 4128), Sell at 4378 (Sell at 4470) (Activate strategy and manage profits on your own)

—— 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 may have delays, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! 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 cryptocurrency circle, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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