Yuying: 7.30 Bitcoin Ethereum Today's Market Analysis Bull and Bear Showdown Intensifies Attached Latest Strategy

CN
8 hours ago

In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.

There is no shortcut in life, but every step you take counts.

The more diligent you are, the harder you work; the more self-disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the trend analysis of mainstream currencies, providing insights based on my own technical analysis.

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

Technical Analysis of Bitcoin————

On the daily chart of Bitcoin, after the previous candlestick closed as a doji, it broke through the 7-day and 60-day moving averages and rebounded, currently opening with narrow fluctuations upwards testing the resistance around the middle track. The Bollinger Bands are in a parallel state, short-term moving averages are narrowing down, MACD's fast and slow lines are running downward with decreasing volume, KDJ is extending upwards, noting resistance around the 50 mark, and the VR index is consolidating around the 130 mark. Looking at the four-hour chart, the market pulled back to above 64000 with consecutive bullish candles, currently operating around the middle track. The Bollinger Bands are narrowing with parallel arranged short-term moving averages; MACD's fast and slow lines are running upward with continuous increasing red volume; KDJ crosses and turns upward around the 50 mark; VR index is consolidating around the 60 mark. Overall, the price trend remains unchanged, still maintaining a range-bound structure; there are opportunities for both long and short positions in short-term operations. Today's thought remains unchanged, continuing to watch for range adjustments and waiting for breakout points above and below for a continued market move. The short-term resistance to continue to watch is around 65500, support is around 63000. Here is the short-term suggestion;

Short-term suggestion for Bitcoin: short at 65000, long at 63500 (activate strategy at profit as you see fit).

Technical Analysis of Ethereum————

Ethereum's price fluctuation space is not large, fluctuating repeatedly around 1900, focusing on the range in the short term. The daily and four-hour technical movements can refer to Bitcoin; for short-term resistance, pay attention to previous highs above and support around 1830 below. If it breaks, we will adjust, here is the short-term suggestion.

Short-term suggestion for Ethereum: short at 1950, long at 1860 (activate strategy at profit as you see fit).

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions regarding operations or trends can engage with me for learning! Let's exchange ideas and profit together!

The publication of articles has a time delay, and the market is ever-changing; the above suggestions are for reference only and risks are borne by yourself! The market changes dramatically every day, and what I can do is use my years of practical experience to provide you with slight assistance, 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, feel free to follow Zhou Yueying; I believe it will be helpful for you.


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