Yueying: 8.6 Bitcoin Ethereum today's market analysis slow pace market waiting for breakout along with the latest short-term.

CN
2 hours ago

In a person's self-discipline, there 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 you are, the more effort you put in; the more disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the trend analysis of mainstream currencies, providing insights based on my technical understanding of the market.

Yueying here provides strategies with precise points, free of ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's look at today’s share!

Technical Analysis of Bitcoin————

In the daily chart of Bitcoin, after a slow increase and a false break around 65000, it closes with a pin bar. The daily opening price continues to consolidate at a high level above the mid-track. The Bollinger Bands are flat, with short-term moving averages arranged parallelly, the MACD fast and slow lines cross upwards with slightly increasing red volume bars, the KDJ extends upwards with caution near resistance around the 100 level, and the VR indicator consolidates around the 110 level. In the four-hour view, the market is slowly rising, be cautious of an accelerated dive washout action. The Bollinger Bands open upwards, short-term moving averages trend upwards, the MACD fast and slow lines extend upwards with decreasing volume bars, the KDJ turns around again and crosses upwards, noting resistance near the 100 level, and the VR indicator consolidates around the 180 level. Overall, there hasn't been much change in the market structure for now; the short-term approach remains unchanged, with attention to resistance around 66000 on the upside. If the rebound tests do not break below it, consider shorting under it. Support should still focus on the level around 62000, looking at the short-term suggestion;

Short-term suggestion for Bitcoin: short at 65300. (The strategy is activated, profit can be managed by yourself)

Short-term suggestion for Ethereum: short at 1920. (The strategy is activated, profit can be managed by yourself)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends with any questions about operations or trends can communicate and learn with me! Together we can exchange ideas and profit!

The article publication review has a delay, and the market changes rapidly; the above suggestions are for reference only, and risks are self-borne! The market changes every day; what I can do is use my years of practical experience to provide slight assistance, helping everyone’s investment decisions and management move in the right direction. Meeting is a 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 help you.


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