Yueying: 7.18 Bitcoin Ethereum Today's Market Analysis The big pie continues to consolidate Crazy Aunt reappears in the arena Will it reach 4000?

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

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, the previous candlestick closed as a doji bullish candle. The market continues to fluctuate after the opening, around the 7-day moving average. The Bollinger Bands are in an opening state, with short-term moving averages running upwards. The MACD fast and slow lines are extending upwards, the volume bars are decreasing, and the KDJ is crossing downwards. The VR indicator is consolidating around the 260 value. On the 4-hour chart, the market tests the upper track and retraces, fluctuating in the middle to upper track range. The Bollinger Bands are narrowing and flattening, with short-term moving averages running around the middle track. The MACD fast and slow lines are flattening, the volume bars are decreasing, and the KDJ is turning again. The VR indicator is consolidating around the 120 value. Overall, the market continues to maintain a slow upward fluctuation. In the short term, it is still expected to fluctuate, and it is anticipated that Bitcoin will stop rising and fluctuate until the altcoin's supplementary rise ends before a new round of major movements occurs. In the short term, pay attention to the resistance below around 121000 and continue to focus on the support around 117000 for short-term suggestions.

Bitcoin Short-term Suggestion: Short at 120800, Long at 117800 (Activate strategy and manage profits on your own)

Altcoin Technical Analysis ————

The supplementary rise of the altcoin is indeed strong, and this time it will truly make those who previously looked down on it convinced. Shorting must come with a stop loss, and one cannot be too rigid. This wave of supplementary rise may not be over yet, but such a strong surge without significant pullbacks increases the probability of a washout later. The pullback strength is limited, leaving many who want to go long missing out; making a long position midway relies entirely on courage. In the short term, pay attention to the resistance around 3800 and the support around 3500 for short-term suggestions.

Altcoin Short-term Suggestion: Short at 3780, Long at 3550 (Activate strategy and manage profits on your own)

—— 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 in review, 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 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 cryptocurrency circle, you can follow Zhou Yueying more, and I believe it will be helpful to you.

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