Yueying: Can Trump's victory lead to a new historical high for Bitcoin? Can the cage of the aunt's box be broken?

CN
13 days 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.

First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions in the Moments at irregular times. Here, Yueying's strategies only provide precise points, without ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's sharing!

Bitcoin Technical Analysis———

Bitcoin has reached a historical high, facing resistance and retracing around 75650. The strong rally was triggered during the period when the U.S. election results were announced. The short position mentioned earlier, although the market retraced nearly 2000 dollars from the entry point, performed well in the short term, but I don't want to discuss that today. Looking at the daily chart, the market opened and surged, directly increasing by nearly 6000 dollars, with a large bullish candle breaking through the upper band. The Bollinger Bands are slightly opening, and the short-term moving averages are running around the middle band. The MACD fast and slow lines have turned upward again, with a decrease in volume, and the KDJ has turned upward and is showing signs of crossing. The VR indicator is consolidating around the 110 value. On the 4-hour chart, after the large bullish candle broke through the upper band, it closed with a bearish candle for adjustment. The Bollinger Bands are opening, and the short-term moving averages are turning upward. The MACD fast and slow lines have broken above the 0 axis, with an increase in volume, and the KDJ shows signs of turning. Be cautious of resistance around the 100 value, and the VR indicator is consolidating around the 90 value. Overall, after the news-driven rally, the technical indicators lean towards bullish, but caution is needed; the rally is merely a result of the dealer's cooperation with Trump's election results, and the higher the historical high, the more attention is needed. For short-term resistance, refer to the previous high, and for support, look at around 71200, followed by support around 69600. Therefore, today I provide two positions for reference. See short-term suggestions.

Bitcoin Short-term Suggestions: Sell at 74800, Buy at 71700 (Buy at 70200) (Activate strategy and take profit as needed)

Ethereum Technical Analysis————

Ethereum faced resistance and retraced around 2650. The technical aspect is not much to say; refer to Bitcoin for correlation. How will the market move after the news lands? Both upward and downward probabilities exist. Regardless, it is not recommended to chase; it is better to wait for confirmation of resistance and support before entering the market. Currently, although there is a need for a short-term technical correction, be cautious of a market that does not follow technical analysis. Therefore, today I provide two positions for short-term trading for reference; flexibly intervene based on the market. Ethereum's long-term range may be broken, depending on the interest rate decision in the early hours of the 8th. See short-term suggestions.

Ethereum Short-term Suggestions: Sell at 2628 (Sell at 2688), Buy at 2548 (Buy at 2488) (Activate strategy and take profit as needed)

——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! Public account: I am Zhou Yueying

There may be delays in article publication review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes daily, 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 pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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