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Yueying: Bitcoin and Ethereum Market Analysis Today Auntie has taken profits on long positions Can the extremely weak market welcome a reversal?

CN
财经达人周悦盈
Follow
4 months ago
AI summarizes in 5 seconds.

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

Bitcoin Technical Analysis ————

From the daily chart, Bitcoin shows a bullish reversal after consecutive bearish candles, but the rebound strength is limited and has not broken through 97,000. The Bollinger Bands are opening downwards, and the short-term moving averages are trending down. The MACD fast and slow lines are extending downwards with a shrinking volume bar, and the KDJ shows signs of a downward crossover. The VR indicator is consolidating around the 60 value. The four-hour K-line is in a small range of fluctuations, currently testing the 7-day moving average. The Bollinger Bands are trending down with signs of narrowing, and the short-term moving averages are extending downwards. The MACD fast and slow lines are crossing upwards with the volume bar turning red and expanding, while the KDJ is turning down and the VR indicator is consolidating around the 50 value. Overall, the weekend market is in a narrow range of fluctuations, but it is still in a weak structure. If the short-term resistance around 97,000 cannot stabilize, the market will continue to decline. The short-term support is at 94,500; if it breaks, there will be a further acceleration downwards, expected to test around 92,000. Here are the short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 95,000 (Buy at 92,800) (Activate the strategy and manage profits yourself)

Ethereum Technical Analysis ————

The previous long strategy for Ethereum met expectations, achieving nearly a 200-dollar range. Over the weekend, it has been in a narrow range of fluctuations around 100 dollars. The overall technical aspect is linked to Bitcoin for reference. Currently, the short-term focus is on observing the support around 3,000. Here are the short-term suggestions.

Ethereum Short-term Suggestion: Buy at 3,125 {Buy at 2,988} (Activate the 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 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 closely, and I believe it will be helpful to you.

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