Yueying: AICoin: The perfect completion of the rebound in the empty space continues to look weak. For the short term, Bitcoin's resistance is below 43,000, and a pullback is expected.

CN
1 year ago

In a person's self-discipline, there is infinite potential. The level 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 and hardworking you are, the more disciplined and outstanding you become. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights into the market based on my own technical expertise.

First published on the official account. For friends who want to verify my strength, follow the official account at the end of the article to find Yueying. There are irregular real-time price strategy suggestions in the Moments every day. The short position of Auntie 2377 mentioned earlier in the article, with a high point of 2391, was perfectly activated, with a nearly $100 drop in price. Those who followed it reaped good rewards. Let's see today's sharing!!

Bitcoin Technical Analysis————

On the daily chart, Bitcoin closed with an upper shadow candle, retracing to below the 60-day moving average during the day. The Bollinger Bands began to narrow, with short-term support around the intersection of the 7-day moving average and the midline. The MACD fast and slow lines crossed upwards, with continued volume on the green bars, KDJ turning downwards, and the VR index consolidating near the 100 value. On the 4-hour chart, after oscillating at high levels, a bearish candle broke below the 7-day moving average. After another oscillation in the day session, it fell again in the afternoon, breaking below the midline. The Bollinger Bands flattened slightly, the 7-day moving average turned downwards, the MACD fast and slow lines crossed downwards at high levels, with continued volume on the green bars, KDJ extending downwards, and the J line of the VR index touching near the 0 value. Overall, after the rebound from the bottom, there is a sign of a phased peak. Although the short position mentioned earlier in the article did not execute, it emphasized focusing on the resistance around 43800. The market also retraced around 43800, which is the upper resistance of the previous box range. If the market continues to maintain the previous box range for oscillation, then the lower support should focus on around 41000. In the short term, it is still mainly focused on short positions for rebounds, with short-term resistance around 43000. Short-term recommendations:

Bitcoin short-term strategy suggestion: Short at 42930. (Activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis————

Ethereum saw a small rebound last night, while Bitcoin oscillated around 43400, Ethereum had a rebound of over $80 and also successfully activated the short position. Currently, on the 4-hour chart, it is supported by the 60-day moving average and the trend line, which is a key short-term focus area. If it breaks below, it will continue to test the support around 2250-2220. Be cautious about the rebound in the morning session and the continuation of the rebound in the US session. Without further ado, here are the short-term recommendations.

Ethereum short-term strategy suggestion: Short at 2330. (Activate the strategy for profit and manage it on your own)

——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, you can communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying, V-blog: Financial Expert Zhou Yueying

Article publication is subject to review delays, and the market changes in an instant. The above suggestions are for reference only, and the risk is yours to bear! The market changes drastically every day, and all I can do is to provide some weak assistance based on my many years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am a person who believes in fate. If you have any doubts or questions in the coin circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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