In a person's self-discipline, there is infinite potential. The level 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 and hardworking you are, the more disciplined and outstanding you become. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights into the market based on my own technical expertise.

First release on the official account. For friends who want to verify my strength, follow the official account at the end of the article to find Yueying. There are daily real-time price strategy suggestions in the Moments. Here, Yueying only provides precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!!

Bitcoin Technical Analysis———

The previous 61050 short position has now seen a space of over 700 dollars. Looking at the daily chart, the previous K continues to close lower, forming a three consecutive downward trend running below the short-term moving average and the midline. The Bollinger Bands continue to remain flat, and the MACD fast and slow lines have turned downwards after moving upwards, with both lines remaining flat. The red volume bars are starting to decrease, and the KDJ has formed a downward cross. The VR index is consolidating near the 100 value. Looking at the four-hour chart, the early morning candle broke below the 60-day moving average and the lower band, then closed with a small bullish candle back within the lower band and is currently testing the 60-day moving average. The Bollinger Bands are slightly opening downwards, forming short-term resistance at the 7-day moving average. The MACD fast and slow lines continue to extend downwards, breaking through the zero axis, and the volume bars continue to switch between increasing and decreasing volume. Pay close attention to the shape of the fast and slow lines. If they cannot move back above the zero axis, the subsequent trend will continue to seek new support. The KDJ is forming a cross near the 20 value, and the VR index is consolidating near the 70 value. Overall, the market has not changed significantly and is still running in a downward channel. The recent weak market trend is closely related to the attitude of the Federal Reserve. After breaking through 60,000, most off-market funds are choosing to wait and see, so there is no incremental capital. Long positions are waiting for lower prices to enter, so the oscillating downward trend may need to be maintained for a period of time. The support below is still at the 60,000 integer mark. Short-term recommendations are as follows.

Short-term Bitcoin Recommendation: Short at 62500, Long at 60507. (Activate the strategy for profit and manage it yourself)

Ethereum Technical Analysis———

Ethereum's market has once again fallen below 3000. There is nothing much to say about the technical aspect, just continue to refer to Bitcoin. The key support below is around 2850. Once there is a solid breakthrough, the probability of breaking the previous low will be high, so the important price to focus on in the short term is around this area. The key resistance above is around 3100-3120. If it cannot be broken in the short term, it will be difficult to form a reversal. Short-term recommendations are as follows.

Short-term Ethereum Recommendation: Short at 3068, Long at 2888. (Activate the strategy for profit and manage it yourself)

——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, you can communicate and learn with me! Let's exchange ideas and profit together! Official Account: I am Zhou Yueying, V Blog: Financial Expert Zhou Yueying

Article publication is subject to review delays, and the market is constantly changing. The above suggestions are for reference only, and risks are to be borne by oneself! The market changes every day, and all I can do is to provide some weak assistance based on my many years of practical experience, so that everyone's investment decisions and management can be on the right track. Meeting is fate. I am a person who believes in fate. If you have any doubts or questions in the coin circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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