Within 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 cryptocurrencies, providing insights based on my own technical analysis.

With the Chinese New Year approaching, wishing all my fans a prosperous Year of the Horse and instant wealth!!!

At Yueying's place, the strategy consists only of precise points, without ambiguous ranges or nearby levels. Friends who like Yueying can follow. Let’s see today’s sharing!

Technical analysis of the major currency————

The daily chart shows the major currency breaking through the 7-day moving average with two consecutive bullish candles. During the day, it opened and tested upwards, facing resistance around 71000. The Bollinger Bands are in a contraction phase, and the short-term moving averages are flattening out. The MACD fast and slow lines have crossed upwards with a turning red volume bar, and KDJ is extending upwards, noting resistance around the 100 level. The VR indicator is consolidating near the 60 level. On the 4-hour chart, the market has broken above the 60-day moving average and is testing upwards, facing resistance around the upper band. The Bollinger Bands are opening up, and the short-term moving averages are trending upwards. The MACD fast and slow lines have broken above the 0 axis, and the volume bar is decreasing. KDJ has encountered resistance near the 100 level and is crossing downwards, with the VR indicator consolidating around the 90 level. Overall, the weekend's market movements are expected to oscillate, and the upper resistance has not yet seen a significant breakthrough. Historically, there has been a decent increase during the domestic New Year period. Whether this year will continue the tradition depends on whether the high resistance can be broken through in the short term. Watch the resistance near the previous high; if it cannot stabilize above, it may test downwards again. Conversely, it would test the resistance around 74000, while below, pay attention to the support from the 60-day moving average on the 4-hour chart and the midpoint.

Short-term suggestion for the major currency: Short at 71800, Long at 68600 (strategy activated, profit at your discretion)

Technical analysis of the altcoin————

The altcoin is facing resistance around 2100; currently, it is just testing without significant breakthroughs. The overall technicals linked to the major currency can be referenced. Continue to watch the resistance near the previous highabove and support above around 1920. Here’s the short-term suggestion.

Short-term suggestion for the altcoin: Short at 2135, Long at 1978 (strategy activated, profit at your discretion)

——I am Zhou Yueying, a teacher focusing on technical analysis. Anyone with questions regarding operations or trends can communicate with me for learning and operating together! Sharing and profiting together!

Article publication and review may have delays. Market conditions change rapidly; the above suggestions are for reference only and risk is to be borne by individuals! The market changes daily, and what I can do is to use my years of practical experience to provide some minor help to ensure your investment decisions and management are on the right path. Meeting is fate, and I believe in fate. If you have any doubts in the cryptocurrency world, you can pay more attention to Zhou Yueying; I believe it will be helpful for you.

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