Yueying: 6.21 Bitcoin Ethereum Today's Market Analysis Expected Plunge and Fluctuation Correction Weekend Brief Review

CN
10 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 candle closed bearish, testing the 60-day moving average with a slight rebound for correction. The market opened with narrow fluctuations today, again testing the 60-day moving average. The Bollinger Bands are slightly opening, and the short-term moving averages are turning downwards. The MACD fast and slow lines continue to extend downwards, with the volume bars increasing, and KDJ is running downwards, paying attention to the support near the 0 value. The VR indicator is consolidating around the 80 value. On the 4-hour chart, after last night's plunge, the market has been consolidating with small candles. The Bollinger Bands are slightly opening, and the short-term moving averages are turning downwards. The MACD fast and slow lines are crossing downwards below the 0 axis, with the volume bars decreasing, and KDJ shows signs of turning. The VR indicator is consolidating around the 60 value. Overall, after the expected decline, the market has entered a phase of consolidation. Today is Saturday, and it is expected that the market will not be very volatile, continuing to maintain a range of fluctuations. For the short term, treat it as a small range. The previous support around 104000 has now turned into resistance for reference. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 103880, Long at 102500 (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

Ethereum rebounded for correction after breaking below 2400. The technical analysis can refer to Bitcoin. Currently, treat it within the range of 2560-2380 for the short term. The thought process in recent articles has consistently viewed it as a rebound short since last Monday, and the market has moved as expected. The overall trend still leans towards weakness, so the broader strategy remains bearish. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Short at 2455, 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 share 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 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, and I believe it will be helpful to you.

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