Yueying: Analysis of today's market for 1.5 Bitcoin and Ethereum. Key resistance is just around the corner. Who will prevail, bulls or bears?

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

Bitcoin Technical Analysis ————

From the daily chart, Bitcoin has broken through the previous range with consecutive bullish candles. It is currently running above the upper band and the 60-day moving average. The Bollinger Bands are in an opening state, with short-term moving averages turning upwards. The MACD fast and slow lines are extending upwards, showing signs of breaking through the zero axis, while the volume bars are increasing. The KDJ is near the 100 value and shows signs of turning down. The VR indicator is consolidating around the 90 value. On the 4-hour chart, the market is oscillating upwards. After a morning opening surge that broke through the upper band, there was a slight pullback into a consolidation phase. The Bollinger Bands are in an opening state, with short-term moving averages arranged upwards. The MACD fast and slow lines are extending upwards, with volume bars transitioning between contraction and expansion. The KDJ is turning down and forming a crossover, while the VR indicator is consolidating around the 240 value. Overall, after entering January, the bulls have shown some recovery. Although the technical aspect leans towards bullish, the resistance above cannot be ignored, especially around the previous highs. Therefore, in the short term, we can refer to its testing situation, and it is advisable to look for a pullback first, with short-term support around 91000. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Sell at 94100, Buy at 91800 (Activate strategy and manage profits as needed)

Ethereum Technical Analysis ————

The daily and 4-hour technical trends of Ethereum are similar to Bitcoin. The daily chart shows consecutive bullish rebounds, and the short-term strategy can refer to Bitcoin. Pay attention to the short-term resistance area around 3300 above and the support around 3080 below. Here are the short-term suggestions.

Ethereum Short-term Suggestion: Sell at 3260, Buy at 3118 (Activate strategy and manage profits 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!

There may be delays in article publication 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 closely, and I believe it will be helpful to you.

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