Yueying: 7.2 Bitcoin Ethereum today's market analysis shows a timely decline and a quick recovery. The rebound is just an opportunity to continue shorting.

CN
20 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 K line closed with a bearish candle. The market opened today and retraced to test the 60-day moving average, rebounding to test the 7-day moving average. The Bollinger Bands show slight signs of opening, with short-term moving averages running around the middle track. The MACD fast and slow lines are running upwards again, with the volume bars decreasing, and the KDJ crossing downwards. The VR indicator is consolidating around the 120 value. On the 4-hour chart, the market found support around the EMA200, rebounding with consecutive bullish candles. The Bollinger Bands are in a flat state, with short-term moving averages showing signs of turning upwards below the K line. The MACD fast and slow lines have turned upwards after breaking below the 0 axis, with volume bars decreasing, and the KDJ extending upwards, noting resistance around the 100 value. The VR indicator is consolidating around the 80 value. Overall, the market has continued to decline after breaking below 106000, finding support around 105000. In the short term, continue to reference the resistance around the previous high to enter short positions primarily. As long as the resistance area above is not completely broken, the recent strategy remains unchanged. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Short at 108200 (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

Ethereum broke below 2400 and then rebounded back. The current market has returned to the previous area, with technical links to Bitcoin for reference. In the short term, continue to pay attention to the resistance area around 2500. Look for a retracement in that area. The non-farm payroll data will be released tomorrow night, so focus on the market tomorrow night. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Short at 2475 (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 the individual! 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 cryptocurrency circle, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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