Yueying: 1.13 Bitcoin Ethereum today's market analysis Is volatility still the main theme in the short term? Will CPI break the deadlock?

CN
5 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, the previous candle closed as a doji bullish candle. The intraday opening found support around the 7-day moving average and tested upwards. The Bollinger Bands are in a flat state, and the short-term moving averages show signs of turning upwards. The MACD fast and slow lines are running upwards above the zero axis, with the volume bars increasing, and the KDJ is turning upwards. The VR indicator is consolidating around the 100 value. On the 4-hour chart, the market fluctuates back and forth within the Bollinger Bands, temporarily maintaining a range without a continuation breakout. The Bollinger Bands are slightly opening, and the short-term moving averages are turning upwards. The MACD fast and slow lines are crossing upwards, breaking through the zero axis with increasing volume, and the KDJ is running upwards again. The VR indicator is consolidating around the 160 value. Overall, the market continues to maintain a range without breaking above or below. The key short-term support remains effective, and the sudden news in the early morning did not cause significant movement in the crypto market. Tonight's CPI data may bring short-term volatility. Continue to pay attention to the resistance around the previous highs above and the support around 90,000 below. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Short at 93,800, Long at 90,800 (Activate strategy and manage profits accordingly)

Ethereum Technical Analysis ————

The daily chart of Ethereum shows it is weaker than Bitcoin, closing with a bearish candle. After the intraday opening, it did not break through the 7-day moving average. However, the overall technical indicators, including the 4-hour indicators, still reference Bitcoin. The recent pullback did not break below the key short-term support around 3,050, so continue to reference this level. If it breaks below, it will continue to test new support levels, making tonight's news events worth watching. Similarly, continue to reference the resistance below the previous highs above. Here are the short-term suggestions.

Ethereum Short-term Suggestion: Short at 3,260, Long at 3,088 (Activate strategy and manage profits accordingly)

—— 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!

The publication of articles may have delays, and the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by the individual! 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 towards the right direction. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto space, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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