Yueying: March 10 Bitcoin and Ethereum market analysis today. The technical aspect remains weak. Can Bitcoin hold above 80,000?

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

The large coin's long position mentioned above was executed precisely, only moving about $1300 in space. The Auntie's long and short strategy was perfectly executed and realized. The long position given by Auntie was 2118, and the short was 2228. The market rebounded from 2105 to 2234 before falling again, with over $100 space for the long position, and the short position at 2228 was precise. You can freely capture the space because it broke below 2000.

Large Coin Technical Analysis ————

Looking at the daily chart of the large coin, yesterday's solid bearish candle tested the 80,000 mark again. The market opened today and temporarily held this support for a rebound. The Bollinger Bands are opening downwards, and the short-term moving averages are turning down. The MACD fast and slow lines have formed a cross again, extending downwards with increasing volume, while the KDJ crosses downwards, paying attention to the support near the 10-0 value. The VR indicator is consolidating around the 60 value. On the 4-hour chart, the market fell with consecutive bearish candles, breaking below the lower band. This morning, a bullish candle returned above the lower band but faced resistance around the 7-day moving average. The Bollinger Bands are opening downwards, and the short-term moving averages are turning down. The MACD fast and slow lines are extending downwards with decreasing volume, and the KDJ shows signs of crossing upwards. The VR indicator is consolidating around the 30 value. Overall, the technical indicators suggest a weak market. Without favorable news, the market will continue to probe lower, and the 80,000 mark will not hold. In the short term, the previous low around 78,000 serves as support for an entry. If it breaks, it will continue to test around 76,000. Here are the short-term suggestions.

Large Coin Short-term Suggestion: 78800 (76600 long), 83500 short (85500 short) (Activate strategy and manage profits on your own)

Auntie's Technical Analysis ————

From Auntie's perspective, the technical analysis can refer to the large coin. The market is testing the previous low again, and although it broke below 2000, it did not break the previous low. The technical structure has become very similar to that of the large coin, with support at the 2000 mark. The market has a consensus, all eyes are on this position to see if it will break down. For now, the short-term reference is still not to break; if it does, we need to look at the support around 1800. Here are the short-term suggestions.

Auntie Short-term Suggestion: 2028 long (1858 long), 2125 short (2205 short) (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 crypto world, you can follow Zhou Yueying more closely, and I believe it will be helpful to you.

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