Yueying: Analysis of the market for 12.7 Bitcoin and Ethereum today. The weekend's narrow consolidation has ended, looking for a rebound. Attached are current price suggestions.

CN
12 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, after a pullback and a bearish candle on Friday, the weekend entered a narrow range of oscillation, forming small K-lines. The Bollinger Bands continue to maintain a flat state, with short-term moving averages operating around the middle track. The MACD fast and slow lines extend upwards, with the volume bars decreasing, and the KDJ crossing downwards. The VR indicator is consolidating around the 45 value. On the 4-hour chart, the market is in a small box pattern showing a flat state, with the Bollinger Bands narrowing. The short-term moving averages are turning upwards, and the MACD fast and slow lines show signs of turning upwards after breaking below the 0 axis, with decreasing volume bars and the KDJ crossing upwards. Overall, the narrow oscillation over the weekend was expected, with light trading. The K-line currently shows a bottoming and stabilizing trend, and after consolidation, a rebound is expected. In the short term, we will first look for a rebound to test resistance. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Buy at the current price of 89350 (strategy activation profits are to be managed independently)

Ethereum Technical Analysis ————

The technical aspect of Ethereum is linked to Bitcoin for reference. Currently, the overall trend is the same as Bitcoin. The daily line has found support at the middle track, and after the weekend's oscillation adjustment, it has stabilized, so we can look for a rebound. On the 4-hour chart, the Bollinger Bands are starting to narrow, and the K-line is above the 7 moving average. The strategy is also synchronized with Bitcoin for reference, looking for a rebound first. Here are the short-term suggestions.

Ethereum Short-term Suggestion: Buy at the current price of 3040 (strategy activation profits are 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 share and profit together!

There may be delays in article publication review, and market conditions change 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 cryptocurrency circle, you can follow Zhou Yueying more, and I believe it will be helpful to you.

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