Yueying: The trends of Bitcoin and Ethereum are confusing? Don't be lost; a rebound is an opportunity to short.

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.

Here at Yueying, the strategy only includes precise points, with no ambiguous ranges or nearby areas. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

The short position at 96700 given in the previous article saw the market rebound around 96900 before dropping, which is a good position, but currently, it has only moved about 1000 dollars. Looking at the daily chart, the previous candlestick closed as a small doji bearish candle. After a slight rebound at the opening today, it has dropped again, and is currently testing the 7-day moving average. The Bollinger Bands continue to maintain a narrow state, with short-term attention on the support around the middle band. The MACD fast and slow lines are crossing downwards, with the volume bars continuing to expand, and the KDJ is turning upwards. The VR indicator is consolidating around the 220 value. On the 4-hour chart, the market has been blocked twice around 97000 and is currently testing the 60-day moving average. For now, we should first pay attention to whether it can stabilize above the 60-day moving average. The narrowing Bollinger Bands indicate that the middle band is the short-term support for the 4-hour chart. The MACD fast and slow lines are running upwards, breaking through the 0 axis, with the volume bars decreasing, and the KDJ is turning upwards again. The VR indicator is consolidating around the 80 value. Overall, in the short term, Yueying believes we should still focus on the resistance around 97000, with a primary focus on short positions during rebounds. If you haven't exited the short position at 96700 from yesterday, you can continue to hold with proper protection and watch for short-term suggestions.

Bitcoin Short-term Suggestion: Short at 96300 (Activate strategy and manage profits on your own)

Ethereum Technical Analysis ————

Yesterday, I suggested a short position at 3658, with the rebound only reaching around 3645. In the short term, Yueying continues to maintain yesterday's perspective, focusing on short positions during rebounds. I won't discuss the technical aspects today; just refer to the short-term suggestions.

Ethereum Short-term Suggestion: Short at 3618 (Activate strategy and manage profits on your own)

—— 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 exchange ideas and profit together!

There may be delays in article publication reviews, and the market changes rapidly. The above suggestions are for reference only, and risks are to be borne by you! 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 follow Zhou Yueying more closely, and I believe it will be helpful to you.

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