Yueying: Although AICoin remains strong, selling pressure still exists. Investors should be cautious of another potential decline.

CN
3 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 published 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. Here, Yueying's strategies only provide precise points, 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 of Bitcoin, after the weekend's high-level volatility, the opening price rose directly to test the resistance around 70,000. The Bollinger Bands are opening upwards, the short-term moving average is extending upwards, the MACD fast and slow lines continue to run upwards, the volume bars are increasing, the KDJ has formed a cross upwards again, and the VR index is consolidating near 90. On the 4-hour chart, after 4 consecutive positive candles, it broke through the upper band of the Bollinger Bands, with a slight opening of the bands, the short-term moving average is running upwards, the MACD fast and slow lines have crossed upwards, the volume bars are increasing, the KDJ is extending upwards, and attention should be paid to the resistance near 100 on the VR index, which is consolidating near 130. Overall, although the market is strong, the resistance above still exists. In the short term, we should first look at the integer level of 70,000, and if it breaks through, we should look at around 72,000. Therefore, the short-term recommendation provides two positions for reference.

Short-term recommendation for Bitcoin: Sell at the current price of 69,600 (Sell at 70,000 and 71,000 if broken) (Activate the strategy for profit and manage it on your own)

Ethereum Technical Analysis————

Ethereum is currently testing the lower boundary of the previous range around 3380. In terms of technical analysis, it is linked to Bitcoin. The short-term technical performance is strong, but you can intervene in the short term, with 3420 as the boundary. Similarly, two positions are provided for reference in the short-term recommendation.

Short-term recommendation for Ethereum: Sell at the current price of 3387 (Sell at 3515) (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, 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 changes 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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