Yueying: 10.24 Bitcoin and Ethereum market analysis today. Strategy pays off again. Is Black Friday coming back?

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

Bitcoin Technical Analysis ————

Bitcoin was above 108600 in the previous text, and the short-term strategy has once again paid off, achieving a space of over 2500 dollars. Looking at the daily chart, the previous candle closed bullish, and the intraday opening continues to test upwards. The Bollinger Bands show slight contraction, indicating that the short-term moving averages are turning upwards. The MACD fast and slow lines are extending downwards but show signs of turning, with the volume bars decreasing. The KDJ is crossing upwards, and the VR indicator is consolidating around the 90 value. On the 4-hour chart, the market is oscillating and slowly rising, breaking through the middle track to test the upper track. The Bollinger Bands are in a flat state, and the short-term moving averages are running around the middle track, showing signs of turning. The MACD fast and slow lines are crossing upwards, breaking through the zero axis, and the volume bars continue to increase. The KDJ is extending upwards again, paying attention to the resistance near the 100 value, with the VR indicator consolidating around the 115 value. Overall, although the market is testing support and rebounding again, the short-term key resistance above remains unbroken, and we continue to see oscillation adjustments. The upper resistance to watch is around 114000, while the lower support is around 109000, and then around 108000. Let's look at the short-term suggestions.

Bitcoin Short-term Suggestions: Short at 112800, Long at 109500 (Long at 108700) (Activate the strategy and take profits as you see fit)

Ethereum Technical Analysis ————

Ethereum previously provided support ideas around 3800, with a strategy suggesting a long at 3848, resulting in a space of over 100 dollars. The overall technical aspect continues to maintain a correlation with Bitcoin for reference. The short-term upper resistance to watch is around 4000, followed by around 4100. The lower support to watch is around 3900, followed by around 3800. Let's look at the short-term suggestions.

Ethereum Short-term Suggestions: Short at 3980 (Short at 4078), Long at 3908 (Long at 3850) (Activate the strategy and take profits as you see fit)

—— 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 in review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes daily, 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 closely, and I believe it will be helpful to you.

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