Within 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 hardworking; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream currencies, providing insights based on my own technical understanding of the market.

Yueying's strategy only includes precise points, with no ambiguous ranges or nearby zones. Friends who like Yueying can click to follow. Let’s see today’s sharing!

Technical Analysis of Bitcoin————

On the daily chart for Bitcoin, the previous candle faced resistance near the upper band and closed under pressure, causing a pullback, with intraday trading consolidating above 70,000. The Bollinger Bands are slightly opening, short-term moving averages are rising, the MACD fast and slow lines are moving upward with volume bars increasing, and the KDJ is curving downwards near the 100 level resistance; the VR indicator is consolidating around the 90 level. On the four-hour chart, the candles peaked at a high position and have pulled back, going through a washout action, and are now adjusting near support. The Bollinger Bands are opening upward with short-term moving averages flat, the MACD fast and slow lines are curving down and merging with decreasing volume bars, the KDJ is crossing downwards and attention should be paid to support near the 0 level; the VR indicator is consolidating around the 110 level. Overall, after the breakout, the market has not continued but has pulled back again for adjustment. However, the short-term support has not effectively broken, so one can rely on support to look for a rebound, focusing on the support around 70,000. If there is an effective breakdown, the market will return to the previous range; whether a new structure will appear depends on the market trends in the next couple of days. It is better to observe while trying trades based on short-term recommendations.

Bitcoin short-term recommendation: Buy at the current price of 70,850 (profit-taking is up to you once the strategy is activated)

Technical Analysis of Ethereum——

Ethereum faced resistance and pulled back around 2,300. The daily and four-hour technicals are linked to Bitcoin for synchronous reference; pay attention to the short-term support around 2,250 above and see the short-term recommendation.

Ethereum short-term recommendation: Buy at the current price of 2,275 (profit-taking is up to you once the strategy is activated)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn to operate together! Share and profit together!

There might be delays in article release reviews, and market conditions change rapidly. The above recommendations are for reference only; risks are to be borne by you! The market changes significantly every day, and what I can do is use my years of practical experience to provide some slight assistance, ensuring your investment decisions and management stay on the right course. Meeting is fate; I am someone who believes in fate. If you have any doubts in the cryptocurrency world, please follow Zhou Yueying more, and I believe it will help you.

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