Yueying: 6.16 Bitcoin Ethereum Today's Market Analysis Weekly High Point Has Appeared Rebound Is Just Short

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

Bitcoin Technical Analysis ————

Looking at Bitcoin on the daily chart, after the weekend's fluctuations, it opened with a rebound today and is currently testing the middle track and the 7-day moving average. The Bollinger Bands are in a flat state, with short-term moving averages running around the middle track. The MACD fast and slow lines are crossing downwards with a slight decrease in volume, and the KDJ shows signs of turning. The VR indicator is consolidating around the 120 value. On the 4-hour chart, the market has broken through the upper track with consecutive bullish candles, the Bollinger Bands are slightly opening, and the short-term moving averages are turning upwards. The MACD fast and slow lines are crossing upwards with an increase in volume, and the KDJ is extending upwards, noting resistance around the 100 value, while the VR indicator is consolidating around the 70 value. Overall, the market is fluctuating within the Bollinger Bands on the daily chart. Although there is a short-term rebound, the selling pressure at high levels still exists. Once the rebound ends, it will test the bottom support again. For the short term, treat it as a range and look at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 108100, Long at 105000 (Long at 102500) (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

The technical analysis of Ethereum is linked to the Bitcoin market trends for reference. Currently, the market has returned to the previous range, so for the short term, continue to refer to the previous range structure and look at short-term suggestions.

Ethereum Short-term Suggestion: Short at 2668, Long at 2488 (Long at 2380) (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, and 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, and I believe it will be helpful to you.

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