Yueying: 1.22 Bitcoin Ethereum today's market analysis Long positions realized If support holds, will we see a V-shaped reversal?

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 ————

The short-term strategy for Bitcoin at 88000 has been realized, yielding a space of over 2000 dollars. On the daily chart, the previous candlestick closed as a doji bullish candle, stopping the decline. Intraday, the opening tested upwards but faced resistance around the 60-day moving average. The Bollinger Bands are flat, and the short-term moving averages are turning down. The MACD fast and slow lines are crossing downwards, with increasing volume, and KDJ shows signs of turning upwards. The VR indicator is consolidating around the 100 value. On the 4-hour chart, after a rapid drop in the early morning, the market quickly rebounded, returning above the 7-day moving average. The Bollinger Bands are showing signs of narrowing while moving down, and the MACD fast and slow lines are crossing upwards at a low level, with the volume turning slightly red. KDJ is extending upwards, paying attention to resistance near the 100 value, and the VR indicator is consolidating around the 60 value. Overall, the market has temporarily closed with a bullish candle, stopping the decline. Whether it can stabilize and start a sustained rebound remains to be seen. Currently, it has returned to the previous box structure, so we will continue to reference it. The short-term resistance remains below 92000, and if it can break through and stabilize, we should pay attention to the resistance around 94000. Support is above the lower Bollinger Band; see short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 88500, Sell at 91600 (Activate strategy and manage profits accordingly)

Ethereum Technical Analysis ————

The buy at 2930 given in the previous analysis for Ethereum has yielded over 100 dollars, and the support around 2850 has not been broken, with the trend meeting expectations. The daily and 4-hour technical aspects are linked to Bitcoin for reference. In the short term, the resistance above is around 3080. If it can break through smoothly, we will focus on the area below 3150, corresponding to the 4-hour mid-band and EMA200. The support has moved up to above 2900; see short-term suggestions.

Ethereum Short-term Suggestion: Sell at 3120, Buy at 2950 (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!

The publication of articles has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes daily, 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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