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, and 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 irregular real-time price strategy suggestions in the Moments every day. Yueying's strategies are precise, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!
Bitcoin Technical Analysis————
On the daily chart, Bitcoin's previous K-line closed with a pullback, and there was a rise at the opening of the day. The Bollinger Bands are in an open state, and the market virtually broke through the 60-day moving average and pulled back. Currently, it has broken through the 7-day moving average. The MACD fast and slow lines are extending upwards again, and the volume bars are shrinking. The KDJ has turned upwards, paying attention to the resistance near the 100 value. The VR index is consolidating near the 100 value. On the 4-hour chart, the market's V-shaped recovery has narrowed the decline towards the upper rail. The Bollinger Bands have turned upwards in the short term, and the MACD fast and slow lines have formed a crossover and are running towards the 0 axis. The volume bars have increased, and the KDJ has extended upwards. The VR index is consolidating near the 70 value. Overall, in the short term, the market has the momentum to further test upwards. I mentioned the key level around 65,800 yesterday, and the direct breakthrough has continued. Currently, the key level above is around the previous high, so in the short term, you can consider re-entering a short position at the resistance level. If it breaks the previous high but does not break 70,000, you can still enter, as a short-term suggestion.
Short-term suggestion for Bitcoin: Short at 68,000 (Short at 69,500 if the previous high of 69,500 is broken) (Activate the strategy for profit and manage it on your own)
Ethereum Technical Analysis————
Ethereum is still weaker than Bitcoin. The listing of ETFs did not bring an amazing market trend, and its trend is weaker than Bitcoin's. The decline is significant, but the rebound is not strong enough, which was somewhat expected. Both the long position at 3,080 and the short position at 3,270 were executed, and there were gains, especially the long position at 3,080 had a good profit margin. The 3,270 level is the current short-term resistance. If it breaks and stabilizes this resistance, then the resistance above needs to refer to the 3,180 level, which was the bottom-to-top conversion of the previous box range. Otherwise, it will test the support around 3,180 again. So in the short term, you can continue to hold the short position at 3,270 from yesterday, and manage the risk well. If it breaks and stabilizes this resistance, see the short-term suggestion below.
Short-term suggestion for Ethereum: Short at 3,350 (Activate the strategy for profit and manage it on your own)
——I am Zhou Yueying, a teacher specializing in 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 market conditions change rapidly. The above suggestions are for reference only, and risks are to be borne by the individual. The market changes constantly every day, and all I can do is to provide some weak assistance based on my many years of practical experience, guiding everyone's investment decisions and management in the right direction. Meeting is fate, and I am a person who believes in fate. If you have any doubts or questions in the cryptocurrency circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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