Yueying: 2.14 Bitcoin Ethereum Today's Market Analysis The previous high resistance is a roadblock for short-term bulls.

CN
3 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 and hard-working you are; the more disciplined you are, the more excellent you will be. I am Zhou Yueying, focusing on the analysis of mainstream currency trends, providing insights based on my own technical understanding of the market.

Here at Yueying, the strategy consists only of precise points, with no ambiguous ranges or proximities, friends who like Yueying can click to follow. Let's see today's share!

Technical Analysis of Bitcoin————

The long strategy for Bitcoin at 66 has realized a current movement of about $2000. Looking at the daily line, the last K closed with a cross bearish line, opening again today, testing the 7-day moving average area, the Bollinger Bands are running downward with signs of a turn. Short-term moving averages are flattening with turning actions, and the MACD fast and slow lines are continuing to extend downward, currently starting to turn, with bearish volume continuously shrinking. The KDJ is once again moving upward, and the VR index is consolidating around the value of 50. In the 4-hour view, the market has slightly broken the previous low which got support in the lower band, testing upward to break through the middle track. The Bollinger Bands are narrowing and flattening, short-term moving averages are running around the middle track. The MACD fast and slow lines are crossing upward, with slight volume increasing, and the KDJ also crosses upward. The VR index is consolidating around the value of 70. Overall, the market continues to maintain a weak oscillation, and the short-term view remains unchanged. If the upper boundary cannot break through, continue to watch for fluctuations downward. Currently, focus on the overlap resistance zone of the upper track in the 4-hour chart and the 60-day moving average, followed by the previous high around 92000, and support around 66000 below. The CPI data release raises expectations for rate cuts, with a larger probability of box oscillation in the weekend market. Looking at short-term suggestions.

Short-term suggestions for Bitcoin: 69500 short (71500 short), 66000 long (strategy activation with profits at your discretion)

Technical Analysis of Ethereum————

The short-term long position above 1888 for Ethereum was a bit off. Overall, the technical indicators are linked with Bitcoin as a reference. The short-term resistance above is still focused first on around 2100, followed by the previous high, while support below is around 1900. Looking at short-term suggestions.

Short-term suggestions for Ethereum: 2080 short (2135 short), 1930 long (strategy activation with profits at your discretion)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's communicate together and profit together!

The publication and review of articles has a delay; the market changes rapidly, and the above suggestions are for reference only, with risks borne by you! The market changes daily, and what I can do is use my years of practical experience to provide slight assistance, helping your investment decisions and management to stay on the right course. Meeting is fate; I believe in fate. If you have any doubts in the cryptocurrency world, you can follow Zhou Yueying closely; I believe it will help you.


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