Yueying: Can the 90,000 mark for Bitcoin be maintained? Aitay will continue to probe for support to enter the market.

CN
11 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 ————

Looking at the daily chart of Bitcoin, after the fluctuations over the weekend, today’s closing rebounded but faced resistance and retreated. The market is under pressure from the middle track and short-term moving averages. The Bollinger Bands are narrowing and flattening, with the MACD fast and slow lines crossing downward at the 0 axis, and the volume bars are increasing again. The KDJ continues to move downward, paying attention to the support near the 0 value. The VR indicator is consolidating around the 80 value. On the 4-hour chart, the market touched the EMA200 area in the morning, faced resistance, and closed with a bearish candle. It is currently testing the lower track area, with the Bollinger Bands narrowing, and the short-term moving averages are running around the middle track. The MACD fast and slow lines are showing a downward turn below the 0 axis, with the volume bars decreasing. The KDJ is moving downward, and the VR indicator is consolidating around the 90 value. Overall, the technical outlook is weak, with daily support around 91,000. If it breaks, it will accelerate downward to test the 90,000 level. Once this trend occurs, it will be difficult to hold the 90,000 level. If the daily middle track and MA60 are not broken and stabilized, it will be hard for the bulls to gain more momentum. The main chart indicators on the 4-hour show signs of a trend change. Short-term trading must ensure risk control, focusing first on the support around 91,000. If it breaks, refer to below 90,000. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 91,800 (Buy at 88,800) (Activate strategy and take profits as you see fit)

Ethereum Technical Analysis ————

The technical outlook for Ethereum is linked to Bitcoin. Currently, it is also testing the support area, but if it breaks, it will similarly accelerate downward. The short-term support area is around 3,100-3,000. In the short term, you can refer to this area once. If it breaks below 3,000, you should extend downward to look for support around 2,850. Not much more to say, here are the short-term suggestions.

Ethereum Short-term Suggestion: Buy at 3,088 (Buy at 2,888) (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!

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 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 cryptocurrency circle, you can follow Zhou Yueying more, and I believe it will be helpful to you.

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