In 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 coins, providing insights based on my own technical analysis of the market.
First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions in the Moments at irregular times. Here at Yueying, the strategy only has precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's sharing!
Bitcoin Technical Analysis ————
Looking at the daily chart of Bitcoin, the previous K-line's bearish entity has broken below the short-term moving average, finding support around 62800. After the market opened today, there was a slight rebound entering a consolidation phase. The Bollinger Bands are running upwards and starting to narrow, with signs of the short-term moving average turning. The MACD fast and slow lines are turning down, with volume bars decreasing, and KDJ extending downwards, paying attention to support near the 20 value. The VR indicator is consolidating around the 170 value. On the 4-hour chart, after breaking below the 60-day moving average, the market rebounded in the morning, and the previous K-line closed bearish. It is currently testing the support of the 7-day moving average. The Bollinger Bands are opening like a trumpet, and the MACD fast and slow lines have broken below the 0 axis and are running downwards with signs of turning. The volume bars are decreasing, and KDJ is crossing upwards, with the VR indicator consolidating around the 50 value. Overall, the indicators are leaning bearish, and the market is somewhat weak. However, from the K-line perspective, the area around 62800-62300 is a support zone, and the middle track of the daily line is also support, so short-term entries can be made based on this. If it breaks below the middle track of the daily line, we will abandon it as a short-term defensive position. Looking at short-term suggestions.
Bitcoin Short-term Suggestion: Buy at 62800 (Activate the strategy and take profits as you see fit)
Ethereum Technical Analysis ————
For Ethereum, the rebound was blocked around 2660 and retreated. It was previously mentioned that the area around 2550-2530 is a strong short-term support zone, and it is still possible to participate in long positions above it. If it breaks below, we will change our approach. Just follow the plan and ensure good risk control. Looking at short-term suggestions.
Ethereum Short-term Suggestion: Buy at 2580 (Activate the strategy and take profits as you see fit)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's share and profit together! Public account: I am Zhou Yueying
There may be delays in article publication review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes every day, and what I can do is use my years of practical experience to provide some slight help, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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