Yueying: Scheduled market change, Bitcoin is expected to experience fluctuations and adjustments. There are expectations for a rebound in altcoins. How to grasp the short-term opportunities?

CN
17 days ago

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.

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

**First, let's review yesterday's strategy. The long position at 94800 for Bitcoin yielded some gains, with the daily middle track benefiting the bulls. Auntie first suggested holding the short position at 3715, **** retreating if it breaks the previous high. If it breaks the previous high, refer to the second short position at 3835, entering at 3835 for a potential move of around 100 dollars in the evening. The article has a default stop-loss; old followers know that if the short position on Bitcoin incurs a loss, the long position and Auntie's short position have also yielded good returns. You can review the market yourself and ponder. Given Bitcoin's breakthrough of 100,000, everything rises with the tide. The previous default stop-loss for Bitcoin was 400-600 dollars; it is recommended to adjust to around 800-1000 dollars. After all, with higher prices, the volatility range will be larger, and of course, the target range will also increase by default. Currently, the article's strategy has a space of around 1000 dollars; I rarely review it, as it is not enough to observe. Auntie will temporarily stick to the previous default stop-loss range.**

Recently, some bloggers have been boasting about a 1000-dollar space for Bitcoin's price. At such prices, a 1000-dollar space is being exaggerated; I am also… well, it's subjective.

Bitcoin Technical Analysis ————

Bitcoin broke through the 100,000 dollar mark today, and we witness history once again. Looking at the daily chart, the previous candle found support at the middle track and rebounded to close positively. After an adjustment at the opening, it surged directly, breaking the 100,000 mark, rising to around 104630 before retracting and entering an adjustment phase. The K-line broke through the upper track, the short-term moving average turned upward, the Bollinger Bands slightly opened, the MACD fast and slow lines turned upward, and the volume bars decreased. The KDJ is moving upward, with resistance near the 100 value, and the VR indicator is consolidating around the 200 value. On the 4-hour chart, the market has been rising with consecutive bullish candles, breaking through the upper track, with the previous candle closing negatively for adjustment. Currently, the market continues to operate above the upper track, with the short-term moving average turning upward, the Bollinger Bands in a trumpet opening state, the MACD fast and slow lines breaking above the 0 axis, and the volume bars continuing to increase. The KDJ has turned, and the three lines are flattening, showing signs of moving upward again, with the VR indicator consolidating around the 130 value. Overall, yesterday's 4-hour change signal was still correct, but the one-sided increase was a bit beyond expectations. In the short term, breaking through 100,000, the technical aspect is relatively strong, but Yueying believes that more focus should be on range oscillation adjustments today, with the lower limit not breaking 100,000 and the upper limit not breaking the previous high. The market will oscillate around a range of 4000 dollars to gauge market sentiment and wait for the non-farm data to decide the direction. Therefore, in the short term, look to intervene in the range. Short-term suggestions are as follows.

Bitcoin Short-term Suggestion: Short at 104000, Long at 100900 (activate strategy and take profits as needed)

Auntie Technical Analysis ————

There’s not much to say about Auntie's technical aspect. Bitcoin is in a sideways oscillation, with expectations for a supplementary rise, so in the short term, give it some room to rise. First, pay attention to the resistance around 4100, and then around 4400, directly looking at the short-term suggestions.

Auntie Short-term Suggestion: Short at 4088 (Short at 4366), Long at 3788 (activate strategy and take profits as needed)

—— 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!

The publication of articles has a delay, 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 be helpful to you.

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