A person's self-discipline hides 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 friend circle at irregular times. Here, Yueying's strategies only have 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 ————
From the daily chart, Bitcoin is facing resistance at 99660 and has pulled back, entering a high-level consolidation. The Bollinger Bands are showing signs of narrowing, and the short-term moving averages continue to run upwards. The MACD fast and slow lines are extending upwards with signs of a turn, and the volume bars are shrinking again. The KDJ is facing resistance near the 100 value and is turning downwards, while the VR indicator is consolidating around the 190 value. On the 4-hour chart, the candlesticks have formed a straight-line pattern after narrow fluctuations. The Bollinger Bands are narrowing, and the short-term moving averages are running around the middle track. The MACD fast and slow lines are crossing downwards, and the volume bars are showing a second increase. The KDJ is turning upwards, but caution is advised for another downward movement. The VR indicator is consolidating around the 160 value. Overall, the market is at a crucial point of tug-of-war between bulls and bears, as breaking through 100,000 is just a step away. Although the daily chart is strong, a proper pullback is necessary to correct the indicators for continued upward movement. The 4-hour main indicators show signs of a trend change. Yueying believes that next week there will definitely be a super big move in the market, with fluctuations of at least 8,000 to even over 10,000 USD. In the short term, Yueying maintains the previous view, primarily bearish on rebounds, and suggests looking at short-term strategies.
Bitcoin Short-term Suggestion: Short at 99800 (Short at 101700) (Activate strategy and take profits as you see fit)
Ethereum Technical Analysis ————
The points given for Ethereum in the previous article were quite accurate. Let's review: first, the short at 3407, the market dropped precisely from 3407 around 4:15 PM on the 23rd to 3340. The space wasn't large, but the point was accurate to the unit, which is worth boasting about. Secondly, the short at 3488, the market dropped from around 3498 at 10:30 PM on the 23rd, with a drop to around 3380, about 100 USD of space, which is also a good point. Friends who followed along can give Yueying a like. Bitcoin is in a sideways consolidation, and although Ethereum is catching up, it seems to lack momentum and is not performing well. Remembering the bull market of the past, when Bitcoin finished its rise and entered a consolidation phase, Ethereum would lead the charge, driving other altcoins to continue rising, becoming the king of altcoins. This year? Everyone can see it. If Bitcoin experiences a significant pullback, Ethereum will definitely follow. Therefore, in the short term, Yueying is optimistic about following Bitcoin's rebound while being bearish. Two reference points are given for short-term strategies.
Ethereum Short-term Suggestion: Short at 3488 (Short at 3587) (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
There may be delays in article publication review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes daily, and what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management in the right direction. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto world, you can follow Zhou Yueying more, and I believe it will help you.
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