Yueying: 3.31 Bitcoin Ethereum Today's Market Analysis Monthly Closing Approaches Be Cautious of Whipsawing, Do Not Chase

CN
2 days 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 areas. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

The short position mentioned earlier for Bitcoin did not execute, while the long position has moved out over $1500 in space; the market is weak and not perfect. The daily chart shows consecutive bearish candles, and the market continues to move down at the opening. The Bollinger Bands are slightly opening, and the short-term moving averages show signs of turning. The MACD fast and slow lines are turning down below the zero axis, with the volume bars changing from red to green and slightly increasing. The KDJ is running down, paying attention to the support near the 0-10 value. The VR indicator is consolidating around the 80 value. On the 4-hour chart, the market has found short-term support above 81000, with the Bollinger Bands running down and showing signs of narrowing. The short-term moving averages are extending downwards, and the MACD fast and slow lines are running down with decreasing volume. The KDJ is crossing down again, and the VR indicator is consolidating around the 70 value. Overall, the market is temporarily supported in the 81000-80000 range, but it is weak. The support below should first focus on the aforementioned price range; if it breaks below 80000, then pay attention to the support around 78000. Today is Monday, be cautious of a continued downward trend in the evening, so the short-term strategy is mainly to short on rebounds. See short-term suggestions.

Bitcoin Short-term Suggestions: Short at 82600 (Short at 83500), Long at 80800 (Long at 78800) (Activate strategy and take profits as you see fit)

Ethereum Technical Analysis ————

Although the long position mentioned earlier for Ethereum was accurate, it still did not yield significant space, so I won't elaborate. The technical aspect is linked to Bitcoin for reference; the daily chart is also in a weak position, currently testing the previous low around 1750. It depends on whether it breaks or not; if it does not break, continue to long around the previous 1788. If it breaks, retreat or do not participate, then refer to the long position suggestions below. See short-term suggestions.

Ethereum Short-term Suggestions: Short at 1838 (Short at 1915), Long at 1728 (Long at 1618) (Activate strategy and take profits as you see fit)

—— 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, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by yourself! The market changes every day; what I can do is use my years of practical experience to provide you with 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, and I believe it will be helpful to you.

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