Yueying: Bitcoin short position at 96,400 executed, continue to rebound and wait for shorts. Is the Ethereum box breakout upwards or downwards?

CN
2 days 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 levels. Friends who like Yueying can click to follow. Let's see today's share!

Yesterday's strategy for Bitcoin was to short at 96400. The market started to decline around 96700, and the short position perfectly realized a space of about 3000 dollars.

Bitcoin Technical Analysis ————

On the daily chart, Bitcoin shows a bearish candlestick closing around 93400, but it did not break through the short-term moving average. The market continues to oscillate downwards at the opening, with the Bollinger Bands running downwards in a contracted state. Pay attention to the support around the lower band. The short-term moving averages continue to form slight resistance, with the middle band and the 60-day moving average being an important boundary for bulls and bears in the short term. The MACD fast and slow lines maintain a downward extension, with the volume bars increasing. The KDJ crosses downwards, and attention should be paid to the support near the 20 value. The VR indicator is consolidating around the 60 value. On the 4-hour chart, the candlestick from early morning closed bullish but did not continue. The upper middle band and the 60-day moving average continue to exert pressure. The Bollinger Bands are slightly contracted, and the MACD fast and slow lines show signs of running downwards again after turning. The volume bars are decreasing, and the KDJ crosses upwards, with attention to resistance near the 80 value. The VR indicator is consolidating around the 70 value. Overall, the market continues to maintain a weak oscillating downward pattern, and the short-term focus remains on short positions during rebounds. The high points and low points of the 4-hour candlestick are moving downwards, and the pattern remains unchanged for now. It is advisable to participate in the trend, focusing on the middle band and upper band of the 4-hour chart for entry. See short-term suggestions.

Bitcoin Short-term Suggestion: Short at 96300 (Short at 97600), no long positions provided here, consult for details (activate strategy and manage profits independently).

Ethereum Technical Analysis ————

There isn't much to say about Ethereum's technical aspect; it continues to maintain a range-bound structure, linked to Bitcoin for reference. The short-term focus is also on short positions during rebounds, with slight adjustments to the short-term strategy. See short-term suggestions.

Ethereum Short-term Suggestion: Short at 2755 (Short at 2858), no long positions provided here, consult for details (activate strategy and manage profits 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!

The publication of articles may have delays, 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 towards the right direction. 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 closely, and I believe it will be helpful to you.

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