Yueying: 9.22 Bitcoin and Ethereum market analysis today, beware of violent wash trading next week.

CN
5 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 values. Friends who like Yueying can click to follow. Let's see today's share!

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, the weekend showed fluctuations, with the previous candlestick closing as a small doji. The market continues to maintain narrow fluctuations, with the Bollinger Bands contracting and the short-term moving averages trending upwards. The 7-day moving average is exerting pressure above the candlestick. The MACD fast and slow lines are turning down, with the volume bars decreasing, and the KDJ is crossing downwards. The VR indicator is consolidating around the 120 value. On the 4-hour chart, the market is fluctuating and flat, facing resistance from the moving averages. The Bollinger Bands show signs of moving downwards, with the short-term moving averages turning down. The MACD fast and slow lines have broken below the 0 axis, with decreasing volume bars, and the KDJ is crossing downwards again. The VR indicator is consolidating around the 40 value. Overall, the market is leaning towards weakness, and in the short term, we should continue to pay attention to the support around the 60-day moving average on the daily chart. If it breaks, we need to focus on the middle track, while the resistance above is at the previous high.

Short-term Bitcoin suggestion: Buy at 114800 (Buy at 113600), Sell at 116800 (Activate strategy and take profit as needed)

Ethereum Technical Analysis ————

Ethereum's weekend trend was also relatively light, supported around the middle track, with resistance from the 7-day moving average above. Monday's market fluctuations will definitely be larger; if it cannot break and stabilize around 4700, the market will be in a weak fluctuation. In the short term, pay attention to the resistance around 4600 above, while currently, support is found above 4400. We can temporarily focus on this range; if it breaks, we need to pay attention to the 4300 range.

Short-term Ethereum suggestion: Buy at 4450 (Buy at 4330), Sell at 4585 (Sell at 4658) (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 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; what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management towards the right direction. 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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