Yueying: The Bitcoin Aunt is in a high-level fluctuation and has entered a correction. If the key support holds, we can expect a rebound.

CN
10 days ago

A person's self-discipline hides 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 values. Friends who like Yueying can click to follow. Let's see today's sharing!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, after four consecutive bullish candles, the last candle closed bearish, indicating an adjustment phase. The Bollinger Bands are opening upwards, and the short-term moving averages are arranged upwards. The MACD fast and slow lines are crossing upwards, with the volume bars continuing to expand. The KDJ remains upward, paying attention to the resistance near the 100 value. The VR indicator is consolidating around the 120 value. On the 4-hour chart, the market is entering a high-level consolidation and adjustment phase. The Bollinger Bands are slightly narrowing, and the 7-14 day moving averages are forming short-term support. The MACD fast and slow lines are crossing downwards, with the volume bars slightly expanding. The KDJ is turning upwards and consolidating. The VR indicator is consolidating around the 360 value. Overall, the upward trend is not finished yet. Currently, it is consolidating at a high level while adjusting indicators. As long as the support around 71700 is not broken, the short-term outlook remains bullish, with attention on the short-term resistance near the previous high. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Buy at the current price of 71800 (strategy activation, profit to be managed independently)

Ethereum Technical Analysis ————

Regarding Ethereum, the previous suggestion of a short at 2727 was executed at 2724, missing by about 3 points, which is a bit regrettable, but the article's reasoning was correct. Technically linked to Bitcoin, although it is undergoing adjustment, as long as it does not fall below the range of 2600-2580, the short-term outlook remains bullish. The upper resistance is still consistent with yesterday's view, first looking at the upper boundary of the range around 2750. If it breaks through, then pay attention to the strong resistance around 2880. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Buy at the current price of 2630 (strategy activation, profit to be managed independently)

—— 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 exchange ideas and profit together! Public account: I am Zhou Yueying

The publication review of the article has a delay, and the market changes rapidly. The above suggestions are for reference only, and the risk is 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 assistance, 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 cryptocurrency world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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