Yueying: July 10 Bitcoin Ethereum Today's Market Analysis Support Valid Bullish Hope Rekindled? Attached Short-Term Strategy

CN
1 hour 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 understanding of the market.

Yueying's strategy only has precise points, no ambiguous ranges or nearby levels; friends who like Yueying can click to follow. Let's look at today's sharing!

Technical Analysis of Bitcoin————

On the daily chart, Bitcoin found support at the middle track, closing bullish; during the day, it continued to rise slowly, breaking through the 64000 level. The Bollinger Bands are parallel, and the short-term moving averages are running upwards, with the MACD fast and slow lines extending upwards and the red volume bars increasing. The KDJ is turning upwards again, pay attention to the resistance near the 100 level, and the VR indicator is consolidating around the 110 level. On the four-hour chart, the momentum has moved up with consecutive bullish candles, approaching previous high points, currently running near the upper track. The Bollinger Bands are opening upwards, with short-term moving averages moving upwards, the MACD fast and slow lines extending up with increasing red volume bars, while the KDJ is blocked around the 100 level, turning downwards, and the VR indicator is consolidating around the 140 level. Overall, the market finds support and tests previous high levels again; strong support below gives hope to the bulls, but without breaking the short-term dividing line at 65000, it will go down; otherwise, it will test the neckline around 67000. Currently, pay attention to support around 63000; if it doesn't break, continue looking upwards; the upper resistance is around 65000; if it breaks, waiting for around 66800, and observe short-term entries;

Short-term recommendation for Bitcoin: long at 63500, short at 64800 (activate the strategy and manage profits on your own)

Technical Analysis of Ethereum————

The fluctuation space of Ethereum today is not large, trading in a small range without breaking up or down, synchronizing overall technical trends with Bitcoin for reference. On the upside short term pay attention to resistance around 1850, and support around 1700; if it breaks, it will readjust, observe short-term recommendations.

Short-term recommendation for Ethereum: long at 1730, short at 1820 (activate the strategy and manage profits on your own)

— I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions about operations or trends can communicate and learn together with me! Mutual exchange, mutual profit!

There may be delays in the publication review of articles; the market changes rapidly, and the above recommendations are for reference only, risks are to be borne individually! The market changes every day. What I can do is, based on my years of practical experience, provide some slight assistance, guiding your investment decisions and business management towards the right direction. Meeting is fate; I am a person who believes in fate. If you have any confusion in the cryptocurrency circle, please pay more attention to Zhou Yueying, and I believe it will help you.


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