Yueying: Focus on the high resistance level before the big pie. Continue to look for a rebound in Yitai's pullback.

CN
4 hours ago

In a person's self-discipline lies infinite possibilities; the degree 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, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.

First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions in the Moments at irregular times. Here at Yueying, the strategy only has precise points, without ambiguous ranges or nearby values. Friends who like Yueying can click to follow. Let's see today's sharing!

Bitcoin Technical Analysis ————

The previous long position at 61600 for Bitcoin saw the market rebound to around 61670, just a few dozen dollars off, with the direction being correct. Looking at the daily chart, Sunday closed with a bullish candle above the 7-day moving average. The market opened today continuing the rebound and breaking through the middle band, with the Bollinger Bands narrowing and flattening, the MACD fast and slow lines turning upwards, and the volume bars continuously decreasing. The KDJ is crossing upwards, and the VR indicator is consolidating around the 160 value. On the 4-hour chart, the market rebounded and broke through the upper band and the 60-day moving average, with the Bollinger Bands moving upwards, the short-term moving averages turning upwards, and the MACD fast and slow lines breaking above the 0 axis. The volume bars are transitioning between decreasing and increasing, while the KDJ has turned downwards and formed a consolidation. Overall, although this wave of nearly 5000 dollars in rebound has gone relatively smoothly, we have also captured a rebound during a pullback. However, we must pay close attention to the resistance around the previous high above. For the short term, we will maintain a focus on pullbacks to go long, with support temporarily around 62000. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Long at 62360 (Activate strategy and take profits as you see fit)

Ethereum Technical Analysis ————

The previous long position at 2370 for Ethereum saw the market reach 2389, again just a few dollars off, for the second time. The article's points were slightly off, but internally we captured some short-term trades. Trading should be approached slowly; do not rush. Just do the necessary risk control, and always maintain a risk awareness. Keep a sense of respect for the market; in extreme market conditions, it can be crucial to protect your "life." Currently, the market is testing the daily and 4-hour 60-day moving averages, so pay attention to this area for now. In the short term, we will refer to Bitcoin and focus on pullbacks to go long, with support in the range of 2410-2390. Here are the short-term suggestions.

Ethereum Short-term Suggestion: Long at 2435 (Activate strategy and take profits as you see fit)

—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's share and profit together! Public account: I am Zhou Yueying

The publication review of the article has a delay; the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by yourself! The market changes every day, and what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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