Yueying: 11.2 Bitcoin Ethereum Today's Market Analysis Big Coin Monthly Line Peaks Propeller Is it a signal to enter a bear market?

CN
14 hours 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 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, the previous candlestick closed as a small bullish candle. The market opened today and continued to test the 7-day moving average and the middle track. The Bollinger Bands are in a contracted state, and the short-term moving averages are turning down. The MACD fast and slow lines have turned upward again, with the volume bars increasing, while KDJ is showing signs of turning upward. The VR indicator is consolidating around the 60 value. On the 4-hour chart, the market is oscillating narrowly above the middle track and short-term moving averages. The Bollinger Bands are flat, and the short-term moving averages are moving upward. The MACD fast and slow lines have crossed and extended upward, with the volume bars increasing again, and KDJ is crossing upward. The VR indicator is consolidating around the 55 value. Overall, the market shows signs of oscillating upward, but the larger structural box remains unchanged. Meanwhile, the monthly candlestick pattern shows a top formation resembling a "top spiral." Friends focusing on the larger direction should pay attention; this month's rebound should be treated with caution. In the short term, watch for resistance around 112000 above and if it breaks and stabilizes, pay attention to the area below 114000. Short-term support is around 108000, followed by the previous low area, looking at short-term suggestions.

Bitcoin Short-term Suggestions: Sell at 111500 (Sell at 113300), Buy at 108800 (Buy at 107500) (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

The overall technical aspect of Ethereum is linked to Bitcoin's daily and 4-hour trends, so refer to it synchronously. There hasn't been much change in the weekend market; continue to pay attention to the short-term resistance below and above around 4000. Support below is around 3800, followed by 3700. Looking at short-term suggestions.

Ethereum Short-term Suggestions: Sell at 3958 (Sell at 4020), Buy at 3818 (Buy at 3745) (Activate strategy and manage profits yourself)

—— 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 yourself! The market changes every day; what I can do is use my years of practical experience to provide some slight help, 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; I believe it will be helpful to you.

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