Yueying: 11.3 Bitcoin Ethereum Today's Market Analysis Key Support Can It Hold Again? The Bullish Defense Line Is in Jeopardy

CN
9 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, the previous candle closed as a small bullish candle, facing resistance at the 7-day moving average. The market opened lower today and has currently broken below the EMA200, showing signs of testing the lower band. The Bollinger Bands are slightly opening, and the short-term moving averages are turning down. The MACD fast and slow lines have crossed downwards again, with the volume bars turning green and expanding. The KDJ is extending downwards, paying attention to the support near the 0 value, while the VR indicator is consolidating around the 50 value. On the four-hour chart, after the weekend's fluctuations, a large bearish candle has broken below the lower band. Currently, the K-line is operating below the lower band, with the Bollinger Bands in an opening state and the short-term moving averages moving downwards. The MACD fast and slow lines have crossed downwards with expanding volume bars, and the KDJ is extending downwards while the VR indicator is consolidating around the 80 value. Overall, the market is leaning towards weakness, testing the lower support of the range again, with key support to watch above 105000. If broken, it will test around 103000 again, while resistance above is at around 109000. The short-term rebound is mainly bearish; see short-term suggestions.

Bitcoin Short-term Suggestion: Short at 108800, Long at 105500 (Long at 103500) (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

Ethereum is currently testing the key support at 3700. The overall technical aspect is still linked to Bitcoin for reference. Since 3700 has been tested multiple times, a short-term long position can be attempted here with attention to risk control. A conservative suggestion is to watch the support around 3600; if broken, focus on 3500. Resistance above is around 3850; see short-term suggestions.

Ethereum Short-term Suggestion: Short at 3815, Long at 3640 (Long at 3530) (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 exchange ideas 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 to be 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.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink