Yueying: Today's market analysis for 11.5 Bitcoin and Ethereum. The short position in Yitaikong is precise. Has the liquidation ended, and is it time for the bulls to take the stage?

CN
4 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 share!

Bitcoin Technical Analysis ————

Looking at the daily chart of Bitcoin, the previous candle closed with a large bearish candle breaking below the lower band. The market opened today and tested the low point again, currently running below the lower band in a Bollinger Band opening state. The short-term moving averages are turning down, the MACD fast and slow lines are crossing downwards with volume bars continuing to increase, and the KDJ is extending downwards showing signs of a turn. The VR indicator is consolidating around the 50 value. On the four-hour chart, after breaking below the lower band, the market formed a double bottom and rebounded. It is currently running above the lower band with the Bollinger Band opening downwards. The short-term moving averages are extending downwards, the MACD fast and slow lines continue to extend downwards with slight signs of a turn, the volume bars are shrinking again, and the KDJ is crossing upwards with the VR indicator consolidating around the 80 value. Overall, although it is in a bearish trend, there are signs of a short-term rebound. This wave of decline has liquidated many bullish whales, and it is expected that the market will not have a significant decline in the short term. Focus on the daily closing situation, with short-term resistance at around 103,000, followed by 105,000, and support at the 100,000 integer level and previous lows. Let's look at the short-term suggestions.

Bitcoin Short-term Suggestion: Short at 102,800 (Short at 104,500), Long at 100,600 (Long at 99,800) (Activate strategy and take profits as you see fit)

Ethereum Technical Analysis ————

For Ethereum, the short-term strategy mentioned earlier was to short at 3,580, and the market started to decline from 3,586, with the short position executed accurately. It was previously indicated that the market would accelerate to explore the bottom, but the drop exceeded expectations, with a spike to 3,055 before rebounding. Currently, the overall technical trend is consistent with Bitcoin, and whether it can stop the decline and rebound also requires close attention to the daily closing situation. In the short term, treat it as a range-bound adjustment, with resistance at around 3,400 and then 3,500, and support at around 3,200 and then above the previous low. Let's look at the short-term suggestions.

Ethereum Short-term Suggestion: Short at 3,385 (Short at 3,515), Long at 3,218 (Long at 3,098) (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 share 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 to be borne by yourself! The market changes every day, and what I can do is use my years of practical experience to provide some slight help, 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.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink