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. Yueying's strategies are precise, without ambiguous ranges or nearby areas. Friends who like Yueying can follow. Let's see today's sharing!
The short positions at 58500 for Bitcoin and 3055 for Ethereum mentioned in the previous text both yielded good results.
Bitcoin Technical Analysis————
On the daily chart, Bitcoin's market has experienced two downward probes and rebounds, and is currently testing the resistance around the 7-day moving average and EMA200. The Bollinger Bands are showing signs of narrowing as the short-term moving averages form resistance. The MACD fast and slow lines are showing signs of a turnaround, with decreasing volume bars. The KDJ has turned upwards to form a bond, and the VR index is consolidating near the 40 value. On the 4-hour chart, the market has stayed above the middle track, forming a W-shaped pattern, with a focus on the resistance around the neckline. The Bollinger Bands are in a flat state, with the moving averages running around the middle track. The MACD fast and slow lines are extending upwards, with continuous increasing volume bars. The KDJ is maintaining an upward trend, and attention should be paid to the resistance near the 100 value. The VR index is consolidating near the 80 value. Overall, there are signs of a bottoming out in the market. The key is to see if the neckline of the W-shaped pattern can be broken. If it can be broken, then the bullish trend will continue to test the 60,000 mark; otherwise, it will be resisted again and retreat into a box oscillation. Short-term recommendations are as follows.
Short-term recommendations for Bitcoin: Short at 58500, Long at 55830 (activate the strategy for profit and manage it on your own)
Ethereum Technical Analysis————
The technical aspects of Ethereum are similar to those of Bitcoin, and can be referenced accordingly. There are differences in the W-shaped pattern on the 4-hour chart. Currently, the market is testing the resistance around the neckline, so attention should be paid to the next resistance around 3160, with support around 2970 below. As long as it does not fall below the support, it is suitable to go long on retracements. Short-term recommendations are as follows.
Short-term recommendations for Ethereum: Short at 3160, Long at 3005 (activate the strategy for profit and manage it on your own)
——I am Zhou Yueying, a teacher dedicated to technical analysis. If you have any questions about operations or trends, feel free to communicate and learn with me! Let's exchange ideas and profit together! Official account: I am Zhou Yueying V Blog: Financial Expert Zhou Yueying
The publication of articles is subject to delays in review, 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 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 currency circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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