Yueying: 10.23 Bitcoin and Ethereum market analysis today. The big pie's long position showcases a god-level strategy again. Continue to treat it with fluctuations and wait for structural changes.

CN
11 hours 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.

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 ————

The short-term strategy for Bitcoin has realized both long and short positions, with short positions yielding over $2000 in space, and long positions at 106600, with the market rebounding around 106400, resulting in over $4000 in space, perfectly realized again in the short term. On the daily chart, the previous candle closed as a doji, and after opening the day with an upward run, it broke through the EMA200 and the 7-day moving average, continuing upward. The Bollinger Bands are in an opening state, with short-term moving averages trending downward, and the MACD fast and slow lines extending downward, showing signs of a turn, while the volume bars are shrinking. The KDJ is crossing upward, and the VR indicator is consolidating around the 90 value. On the 4-hour chart, the market tested support twice with spikes, then rebounded with consecutive bullish candles, breaking through the middle track. The Bollinger Bands are flat, with short-term moving averages turning upward, and the MACD fast and slow lines running below the zero axis, showing signs of a turn, while the volume bars are shrinking. The KDJ is crossing upward, and the VR indicator is consolidating around the 120 value. Overall, the short-term view remains unchanged, continuing to observe the oscillation adjustment phase. Each rebound needs to be treated with caution, and one should not blindly chase after rising prices. As the market tests the 110,000 level again, the support below continues to focus on the 108,000 level, followed by the 107,000 level, with short-term resistance above focusing on the 113,000 level below. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 112200, Long at 108600 (Long at 107500) (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

The long position strategy for Ethereum has also been perfectly realized, with a long at 3730, and the market rebounding from 3710, yielding over $150 in space. The overall technical aspect still shows no independent changes, so continue to refer to Bitcoin for correlation. Short-term support below focuses on the 3800 level, followed by the 3700 level, with resistance above focusing on the 4000 level below. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Short at 3958, Long at 3848 (Long at 3750) (Activate strategy and manage profits yourself)

—— 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!

The publication of articles has a delay, 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 follow Zhou Yueying more, and I believe it will be helpful to you.

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