Yueying: 4.9 Bitcoin Ethereum Today's Market Analysis Under the same roof, how can there be complete eggs? Can the bulls sound the horn for a counterattack?

CN
6 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!

The above strategy for Auntie Tai is to short at 1588, and the market has retraced and dropped to 1592.

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, after the previous candle closed bearish, the intraday market tested the low again and rebounded back above the lower band. The Bollinger Bands are opening, and the short-term moving averages are turning down. Pay attention to the resistance of the 7-day moving average. The MACD fast and slow lines are crossing downwards with increasing volume, and KDJ is showing signs of turning down. The VR indicator is consolidating around the 110 value, and RSI is turning in the oversold zone. On the 4-hour chart, the market has seen four consecutive bearish candles. After the midday close, it rebounded and recovered more than half of the decline, with the K-line forming a W shape. Pay attention to the key resistance at the neckline. The Bollinger Bands are running downwards and showing signs of narrowing, with short-term moving averages forming resistance downwards. The MACD fast and slow lines are showing signs of turning upwards, with volume decreasing, and KDJ is supported and moving upwards. The VR indicator is consolidating around the 60 value. Overall, after this wave of decline, there are signals of a short-term bottom being tested. The probability of making a new low today is very low. I am optimistic about the 4-hour W shape, so the key neckline resistance above is around 80000. A short position can be taken below this level, and as long as it does not break below 75000, a long position can be taken above it. This is a short-term suggestion.

Bitcoin Short-term Suggestion: Long at 76330, Short at 79308 (Activate the strategy and take profits as you see fit)

Auntie Tai Technical Analysis ————

After Auntie Tai made a new low, it rebounded and is currently testing around 1500. The technical aspects are linked to Bitcoin for synchronous reference. The short-term moving averages on the 4-hour chart are forming resistance. A breakout can target the resistance around 1550, while support is focused around 1400. Refer to the support and resistance for short-term entry, and see the short-term suggestion.

Auntie Tai Short-term Suggestion: Short at 1530, Long at 1438 (Activate the 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 exchange ideas 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 yourself! 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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