Yueying: 9.12 Bitcoin Ethereum Today's Market Analysis Auntie has accurately placed long positions again. Do the bears still have a chance?

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.

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 ————

Last night, the data release brought a wave of rebound. The daily chart for Bitcoin shows the previous candle closing bullish, facing resistance near the upper band. After opening with an upward rebound during the day, it tested the 60-day moving average again. The Bollinger Bands are in a flat state, with the short-term moving averages turning upward. The MACD fast and slow lines are crossing upward, with the volume bars continuing to expand. The KDJ is facing resistance near the 100 value and turning downward, while the VR indicator is consolidating around the 80 value. On the four-hour chart, after the CPI data was released, the candlestick formed upper and lower wicks, with an upward oscillation in the early morning. The morning market rebounded and broke through the upper band, then formed a candlestick at a high level. The Bollinger Bands are opening, and the short-term moving averages are moving upward. The MACD fast and slow lines continue to extend upward, with the volume bars decreasing. The KDJ is forming a downward cross, and the VR indicator is consolidating around the 130 value. Overall, the market is in a strong bullish trend, but we should continue to pay attention to the resistance around 116000 that we mentioned earlier. The market needs to adjust after the stretch, with short-term support to watch above 113500. If the aforementioned resistance is broken, we should pay attention to the resistance below 118000 for short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 113800, Sell at 115800 (Sell at 117500) (Activate strategy and take profit as needed)

Ethereum Technical Analysis ————

The previous long position for Ethereum at 4358 was precisely touched during the news washout, creating a space of around 200 dollars. The recent articles have consistently emphasized a bullish outlook for upward testing. This breakout above 4500 was also within Yueying's expectations. The daily chart closed bullish, with the Bollinger Bands narrowing and the upper band under pressure. After forming an upper and lower wick on the four-hour chart, it oscillated upward with consecutive bullish candles. The Bollinger Bands are opening, and we should pay attention to the resistance below 4600 in the short term. If it breaks through, we should focus on the resistance below 4700 for short-term suggestions.

Ethereum Short-term Suggestion: Buy at 4469, Sell at 4580 (Sell at 4668) (Activate strategy and take profit as needed)

—— 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!

The publication of articles may have delays, and the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by you! 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 in the right direction. 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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