Yueying: The rebound of Bitcoin is blocked, watching for a pullback. Below 3650, Pionex continues to look weak.

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 daily real-time price strategy suggestions in the Moments. Regarding the short positions of Bitcoin and Ethereum, there is limited room for retracement, so I won't say much about it. Here, Yueying only provides precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can pay attention. Let's see today's sharing!!

Bitcoin Technical Analysis———

On the daily chart of Bitcoin, after last night's market was affected by the news, it rebounded and touched around 71400, entering a volatile adjustment phase. The previous candle closed bullish, but the resistance above is still significant. The Bollinger Bands continue to maintain a flat trend, with the moving average running around the middle track. The MACD fast and slow lines continue to move downward, although there are signs of a turnaround, it is not strong, and there is no upward crossover. The volume bar continues to shrink, and the KDJ once again extends upward, paying attention to the resistance near the 80 value. The VR index consolidates near the 90 value. On the four-hour chart, after three consecutive bullish candles, it stood above the middle track and the moving average. There is a demand for retracement and adjustment in the short term. The Bollinger Bands are in a flat state, and the moving average forms a sticky state. The MACD fast and slow lines have turned upward and are in a double-line flat state, so be cautious of another downturn. The volume bar is shrinking, the KDJ is extending upward, and the J line is turning near the 100 value. The VR index consolidates near the 90 value. Overall, the market is in a wide-ranging volatile adjustment phase. For short-term operations, it is mainly recommended to focus on short positions for rebounds.

Short-term strategy suggestion for Bitcoin: Short at 71500. (Activate the strategy for self-profit)

Ethereum Technical Analysis--

Ethereum's trend is similar to Bitcoin's, but the rebound is slightly weaker. The technical indicators are similar to Bitcoin's, so there is no need for excessive analysis. The short-term strategy is also mainly focused on short positions for rebounds.

Short-term strategy suggestion for Ethereum: Short at 3610. (Activate the strategy for self-profit)

——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, feel free to 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 rapidly. The above suggestions are for reference only, and the risk is self-assumed! The market changes drastically every day. 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. 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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