Yueying: 7.9 Bitcoin Ethereum Today's Market Analysis The Bitcoin range fluctuation is about to end. Can the top resistance continue?

CN
6 hours ago

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.

Here at Yueying, the strategy only includes precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, the previous candle closed bullishly, breaking through the 7-day moving average again. The market opened with a rebound and retested the 7-day average. The Bollinger Bands are slightly opening, with the short-term moving averages running around the middle band and slightly upward. The MACD fast and slow lines are moving upward, with the volume bars decreasing, and the KDJ is turning upward again. The VR indicator is consolidating around the 110 value. On the 4-hour chart, the market continues to operate within the Bollinger Bands range. Currently, the K-line is slightly affected by news, showing upper and lower shadow washing. The Bollinger Bands remain narrow and flat, with short-term moving averages running around the middle band. The MACD fast and slow lines are crossing upward again, with increasing volume bars, and KDJ shows signs of turning upward. The VR indicator is consolidating around the 80 value. Overall, the market hasn't changed much and continues to stay within the 4-hour Bollinger Bands range. The market trend is within expectations, and Yueying's short-term view remains unchanged; we will continue to treat it as a range for now, waiting for a breakout to readjust our strategy. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 107760, Sell at 109380 (Activate strategy and take profits as you see fit)

Ethereum Technical Analysis ————

Although Ethereum tested around 2670, it hasn't deviated far. In the short term, it will continue to follow Bitcoin's technical reference range. For daily operations, pay attention to the upper band of the daily chart and the 7-day moving average range for entry. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Buy at 2595, Sell at 2665 (Activate 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!

There may be delays in article publication review, and the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by yourself! The market changes daily, 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 crypto world, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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