Yueying: 12.2 Bitcoin Ethereum today's market analysis The rebound is an opportunity for a rise A new low is about to come

CN
2 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 values. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, it dropped over 6000 USD yesterday, with the previous candle closing as a small rebound with a lower shadow. Today, it opened with fluctuations and adjustments. The Bollinger Bands are in a contracted state, and the short-term moving averages are turning down. The MACD fast and slow lines are crossing upwards, showing signs of a turn, with volume bars decreasing. The KDJ is crossing downwards, and the VR indicator is consolidating around the 40 value. On the four-hour chart, after breaking the lower band, the market rebounded with consecutive bullish candles, standing above the 7-day moving average. The Bollinger Bands are in a contracted state, and the short-term moving averages are arranged downwards. The MACD fast and slow lines have broken below the 0 axis and show signs of a turn, with volume bars decreasing. The KDJ is crossing upwards, and the VR indicator is consolidating around the 90 value. Overall, although the market has stopped falling and rebounded, it is still in a bearish trend. The short-term strategy remains unchanged, continuing to short around the rebound, with short-term support at around 85000. If it breaks, pay attention to the previous low.

Bitcoin Short-term Suggestion: Short at the current price of 87000 (activate the strategy and take profits as you see fit)

Ethereum Technical Analysis ————

The short position for Ethereum was off by about a dozen dollars, but the overall direction is correct. The market is rebounding from the support above 2700 and is currently testing the short-term resistance. The daily and four-hour technical indicators are in sync with Bitcoin's reference. The short-term support is around 2730; if it breaks, it will continue to test around 2650. The short-term strategy remains bearish, so look for short-term suggestions.

Ethereum Short-term Suggestion: Short at the current price of 2805 (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!

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

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