Yueying: 12.18 Bitcoin Ethereum Today's Market Analysis Extremely Weak Rebound CPI Helps Bulls Counterattack? Attached Current Price Suggestions

CN
13 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 Bitcoin's daily chart, the previous K-line rebounded but was blocked and fell again, closing with a bearish candle. The intraday opening fluctuated near the lower band, with the Bollinger Bands slightly opening, and the short-term moving averages turning down. The MACD fast and slow lines crossed and flattened, with a slight increase in volume. The KDJ is running down near the 0 axis, receiving support and turning. The VR indicator is consolidating around the 90 value. On the 4-hour chart, the market faced resistance, retraced, and found support near the lower band, stabilizing with a small bullish candle rebound. The Bollinger Bands are running down with signs of narrowing, and the short-term moving averages are turning. The MACD fast and slow lines crossed upwards, with volume slightly increasing again. The KDJ shows signs of turning upwards, and the VR indicator is consolidating around the 70 value. Overall, the market has broken the range and is testing upwards but faced resistance. Currently, the technical aspect is slightly weak, but the probability of a rebound from extreme weakness is high. Additionally, there will be CPI data released tonight, so the short-term view is mainly on the rebound, with previous lows as the boundary, looking at short-term suggestions.

Bitcoin Short-term Suggestion: Buy at the current price of 86350 (strategy activated, profits to be managed independently)

Ethereum Technical Analysis ————

The daily and 4-hour technical aspects of Ethereum are linked to Bitcoin for reference, and the thoughts are consistent. Although overall it is slightly weak, the short-term support is effective, looking for a bullish counterattack. Today's article is a current price suggestion, so I won't elaborate further, just look at the short-term suggestion.

Ethereum Short-term Suggestion: Buy at the current price of 2820 (strategy activated, profits 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 operations with me! Let's exchange ideas and profit together!

The publication of articles has a delay in review, and 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 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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