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Yueying: Bitcoin and Ethereum continue to fluctuate, waiting for a breakthrough in the news? Short-term reference continues.

CN
财经达人周悦盈
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1 year ago
AI summarizes in 5 seconds.

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 you are, the more outstanding you will be. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, and 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 daily real-time price strategy suggestions in the Moments. Yueying's strategies are precise, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!

Bitcoin Technical Analysis————

On the daily chart, Bitcoin closed higher than the previous day, but there was no continued rebound during the day and it was resisted around the middle track. The market did not meet expectations, perhaps due to the closure of the US stock market yesterday. There may be some volatility tonight. If the market continues to oscillate, then it is likely that the market will have to wait for news on Thursday and Friday to break through the range. If this is the case, then the market will be uneventful for these two days. We need to get used to this kind of market because the market cannot always move in one direction. Most of the time, it is in a state of oscillation, and oscillating markets wear down people's mentality. The narrow range of the Bollinger Bands forms short-term resistance around the middle track, the MACD fast and slow lines show signs of flattening below the zero axis, the volume bars shrink, the KDJ turns upward, and the VR index consolidates near the 80 value. On the 4-hour chart, the market was resisted around the upper track and retraced to find support around the middle track and short-term moving average. The Bollinger Bands continue to maintain a flat state, the MACD fast and slow lines cross upward, the volume bars increase, the KDJ is resisted near the 100 value and turns downward, and the VR index consolidates near the 90 value. Overall, the short-term resistance is around the upper track on the 4-hour chart and the middle track on the daily chart, but I prefer the resistance below 61,000, where the risk-reward ratio is higher. If there is a breakthrough and stabilization, you can wait for the next resistance instead of intervening. If there is no breakthrough, then the downside will be greater, so in the short term, you can continue to refer to the strategies mentioned above. Short-term recommendations.

Short-term recommendation for Bitcoin: Short at 60,600, long at 57,500 (activate the strategy for self-profit)

Ethereum Technical Analysis————

The technical situation of Ethereum's trend is consistent with Bitcoin's reference, as there has not been much change in the situation, still being resisted below 2580. Therefore, the strategy mentioned above is still applicable. The short-term resistance above is around 2580 and 2650, so today's strategy is still conservative, waiting for the breakthrough in the later market. Sometimes the strategy in the article may not be executed, but it does not affect the internal short-term strategy, which will be adjusted more timely and quickly according to the market. Short-term recommendations.

Short-term recommendation for Ethereum: Short at 2630, long at 2440 (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, you can communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying

The publication of articles is subject to delays in review, and the market changes rapidly. The above suggestions are for reference only, and risks are self-assumed! The market changes constantly every day. All I can do is to provide some weak assistance based on my many years of practical experience, so that everyone's investment decisions and management can be on the right track. 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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