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 circle of friends 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 saw effective rebound yesterday and found support around 65300 after a dip. The market broke through the short-term moving average, maintaining narrow fluctuations between the moving average and the middle rail, with the Bollinger Bands contracting. The MACD fast and slow lines turned downward, and the volume continued to shrink. The KDJ crossed downward, and the VR index consolidated near the 100 value. On the 4-hour chart, the market showed signs of forming a small bottom with continuous pinning rebounds. The Bollinger Bands slightly opened, and the market is currently breaking through the 7-day moving average to test the 60-day moving average and the middle rail. The MACD fast and slow lines fell below the zero axis with signs of turning upward, and the volume continued to shrink. The KDJ crossed upward and extended, and the VR index consolidated near the 50 value. Overall, although there are signs of forming a short-term bottom, the resistance above should not be underestimated. There is an interest rate meeting in the early morning, so be cautious of market manipulation. Two resistance levels are provided for reference: 67500 and 68500. Short positions can consider breaking through these two prices as defense. The key is around 68500. If it breaks through, the bullish trend will continue; otherwise, the rebound will still be dominated by short positions. This is a short-term recommendation.
Short-term recommendation for Bitcoin: Short at 67000 (Short at 68300) (Activate the strategy for profit and manage it on your own)
Ethereum Technical Analysis————
Yesterday, the short position at 3377 for Ethereum reached as high as 3365, a difference of 12 dollars in execution, which is a bit regrettable, but the short-term direction was not wrong. Technically, it still refers to Bitcoin. Focus on the resistance around 3380 above, and if it breaks through and also breaks through the 3420 area, then pay attention to the resistance around 3550. The short-term recommendation still refers to yesterday's position, and it is used again. Manage the risk well, as the early morning news may bring significant volatility. This is a short-term recommendation.
Short-term recommendation for Ethereum: Short at 3377 (Short 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 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, 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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