Yueying: Analysis of the market trends for 6.25 Bitcoin and Ethereum. The bear army is approaching, and a sharp decline is imminent.

CN
11 hours 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.

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 share!

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, the previous candle closed bullishly above the middle track. The market opened today and continued to rise slightly. The Bollinger Bands are starting to narrow, and the short-term moving averages show signs of flattening. The MACD fast and slow lines are turning upwards, with volume decreasing, and the KDJ is crossing upwards, paying attention to resistance near the 100 level. The VR indicator is consolidating around the 100 level. On the 4-hour chart, the market shows small bullish candles rising slowly, with the Bollinger Bands in an opening state and short-term moving averages trending upwards. The MACD fast and slow lines have broken above the 0 axis and are moving upwards, with volume decreasing. The KDJ shows signs of being blocked near the 100 level and is turning downwards, while the VR indicator is consolidating around the 180 level, and the RSI has entered the overbought zone. Overall, although the market shows strong performance, the top divergence needs correction. In the short term, Yueying's strategy is bearish; after a strong rise in news, small bullish candles will be followed by a sharp drop to wash out the market. A sharp drop is expected, so be patient and wait.

Short-term suggestions.

Bitcoin Short-term Suggestion: Short at 106800, add to short at 107700, target 102500-101500 (activate strategy and manage profits accordingly)

Ethereum Technical Analysis ————

Ethereum's rebound strength is slightly weaker than Bitcoin's, facing resistance below 2500. Overall technical indicators are linked to Bitcoin for reference, and the short-term strategy is also in sync with Bitcoin, looking for a sharp drop and pullback around 2500.

Short-term suggestions.

Ethereum Short-term Suggestion: Short at 2458, add to short at 2510, target 2250-2200 (activate strategy and manage profits accordingly)

—— 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!

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 every day; 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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