Yueying: If BTC doesn't break 61,000, it's bullish. Watch for a rebound after Auntie completes the round top.

CN
6 months ago

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———

Today, Monday, the weekly candlestick of Bitcoin closed with four consecutive declines. The market has been resisted by the 7-day moving average for the past two weeks. The daily chart shows a continuous decline with weak rebound strength. The short-term moving averages and the midline form short-term resistance, and the Bollinger Bands are contracting and moving flat. The MACD fast and slow lines continue to run downwards with green volume bars, and the KDJ is crossing downwards, paying attention to the support near the 0 value. The VR index is consolidating near the 100 value. On the 4-hour chart, the candlesticks formed a small downward channel, and the Bollinger Bands contracted and moved flat with signs of slight opening. The short-term moving average turned downwards, the MACD fast and slow lines formed a downward cross with green volume bars, and the KDJ is running downwards. The VR index is consolidating near the 80 value. Overall, the market is oscillating and falling. The key support below is around 61000. As long as this support is not broken, you can go long. The short-term resistance above is at 63500. If it breaks through and stabilizes, the bullish trend will continue; otherwise, the current situation will continue. This is the short-term recommendation.

Short-term strategy for Bitcoin: Aggressive long at the current price of 62450, conservative long on retracement to 61600. (Activate the strategy to manage profits independently)

Ethereum Technical Analysis———

After rebounding to 3365 yesterday, Ethereum experienced a retracement. It seems that its ability to lead the rise independently is not strong enough. Although there is positive news from Hong Kong in the past two days, the overall recent data shows a bit of weakness. If the incremental funds do not go crazy and continue, it will be difficult to have a large one-sided market in the short term. If the morning's decline falls back to around 3200, then the short-term resistance above will be around 3300. This is the short-term recommendation.

Short-term strategy for Ethereum: Aggressive long at the current price of 3195, conservative long on retracement to 3140. (Activate the strategy to manage profits independently)

——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 Guru Zhou Yueying

Article publication is subject to review delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are self-assumed! The market changes constantly every day. All I can do is to provide some weak assistance based on my years of practical experience, guiding everyone's investment decisions and management in the right direction. 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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