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 release 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. Here, Yueying only provides precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can pay attention.
In the previous article, I mentioned that the long position for BTC was at 63389, and the market retraced to around 63291, triggering a small rebound of nearly 900 points. The long position for ETH was at 3078, and the market rebounded at 3062, currently up by nearly 80 points. Following the long positions also yielded some gains.
Here, I want to emphasize again about the matter of defense. It was explained in a very early article, and old fans should know. The default position for BTC is 500, and for ETH is 50. Because it's not possible to give detailed advice in the article, everyone's situation and position are different, and their own operating habits are also different, so they should flexibly arrange according to their own situation. Let's see today's sharing!!
BTC Technical Analysis--
On the daily chart, BTC shows a small downward trend, with short-term moving averages forming resistance above. The Bollinger Bands are slightly opening downwards, the MACD fast and slow lines are extending downwards, the green volume bars are slightly increasing, and the KDJ is forming a downward cross. The VR index is consolidating near the 100 value. On the 4-hour chart, the moving averages are running downwards, the Bollinger Bands are starting to contract, the MACD fast and slow lines continue to run downwards, the volume bars are switching between increasing and decreasing, the KDJ is crossing downwards with signs of a turning point, and the VR index is consolidating near the 70 value. Overall, the market trend is weak, coupled with the weekend, the market fluctuation is not significant. In the short term, it is still advisable to treat it as a range. The resistance around 64000 should be monitored, as long as it does not stabilize, short positions can be considered. Support around 61500 should be watched for long-term recommendations.
Short-term strategy recommendation for BTC: Short at 63900, long at 61770 (activate the strategy for self-profit)
ETH Technical Analysis--
ETH's decline is slightly smaller, and it has not completely broken through the 60-day moving average on the 4-hour chart. However, the homogenization is still present, and the linkage with BTC is still significant. The short-term strategy remains the same as mentioned above, and the strategy points are used again, as the price has not changed much. No more words, see the short-term recommendations.
Short-term strategy recommendation for ETH: Short at 3207, long at 3078.
- I am Zhou Yueying, a teacher specializing in technical analysis. Friends who have any questions about operations or trends 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
The publication of articles is subject to review delays, and market conditions change rapidly. The above suggestions are for reference only, and the risk is at your own. The market changes 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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