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 Moments at irregular times. Here at Yueying, the strategy only has precise points, without ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's sharing!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, the previous K line closed as a doji bearish line, rebounding with support around 90800. The market opened today with a slight rebound. The Bollinger Bands are narrowing, and the short-term moving averages are trending upwards, but be cautious of the short-term pressure from the 7-day moving average. The MACD fast and slow lines are crossing downwards with increasing volume, and the KDJ is extending downwards, paying attention to the support near the 0 value. The VR indicator is consolidating around the 200 value. On the 4-hour chart, after the rebound was blocked by the 60-day moving average and closed as a bearish line, it has since continued to close small bullish lines in rebound. Next, we can continue to pay attention to the area around the 60-day moving average to see if it can break through and stabilize. The Bollinger Bands are opening downwards with a slight narrowing, and the 60-day moving average and the middle track form short-term resistance. The MACD fast and slow lines show signs of turning at the 0 axis with decreasing volume, and the KDJ is crossing upwards, while the VR indicator is consolidating around the 50 value. Overall, although there is support and rebound around 90000, the bearish outlook remains. As mentioned in yesterday's article, the pullback has not ended, but the strength of the rebound is limited and has not provided the entry point for short positions mentioned in the article. Today, we still focus on the resistance below the daily 7 moving average. Yueying still insists on the previous viewpoint, primarily focusing on shorting during the rebound in the short term. This wave of decline needs to wash out the high-position long positions before a new upward trend can begin. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 94888 (Strategy activated, profit to be managed independently)

Ethereum Technical Analysis ————

In yesterday's article, I suggested a short at 3435 for Ethereum. It was executed at noon but only moved less than 50 dollars. Friends who stayed in the trade can continue to hold the short at 3435. Although Ethereum's rebound strength is somewhat strong, if Bitcoin does not break through and stabilize at the key short-term position, Yueying believes it will follow Bitcoin down again. Therefore, the short position from yesterday can continue to be held. Friends who are flat can refer to the short-term suggestions below and manage their risk accordingly. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Continue to hold the short from yesterday at 3435 (Short at 3473) (Strategy activated, profit to be managed independently)

—— 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 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 help, 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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