Yueying: 2.6 Bitcoin Ethereum today's market analysis, many bulls gather to prepare to seize the opportunity, bottom fishing?

CN
3 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 K-line shows a large bearish candle accelerating to the bottom. After the market opened today, it continued to test the false break of 60,000 for a rebound. Currently, it is running below the lower track, with the Bollinger Bands maintaining an opening state, and the short-term moving averages arranged downwards. The MACD fast and slow lines extend downwards, with the volume bars increasing again, and the KDJ is supported near the 0 value, turning upwards. The VR indicator is consolidating around the 60 value. On the 4-hour chart, the market has not broken through the 7-day moving average and has been slowly declining. Currently, there is a slight rebound testing the 7-day average again, with the Bollinger Bands running downwards and the short-term moving averages continuing to extend downwards. The MACD fast and slow lines maintain a downward trend with signs of turning, the volume bars are decreasing, and the KDJ crosses upwards, with the VR indicator consolidating around the 40 value. Overall, this wave of market continues to decline slowly. As mentioned yesterday, such a market is quite troublesome; only those bold enough to short can profit, as rebounds generally do not provide good positions. After this round of acceleration, the bulls have been mostly liquidated, and a rebound is needed for correction. The market also needs a rebound to boost confidence. Yueying's current view is that it is possible to go long, as long as risk management is done well. Pay attention to the support around 62,000, and then around 58,000. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Long at 62,800 (Long at 58,800) Target 68,000-70,000 (Activate strategy and manage profits yourself)

Ethereum Technical Analysis ————

The technical aspect of Ethereum is linked to Bitcoin for reference; there’s not much else to say. Moving forward, the main strategy is to go long on pullbacks, looking for rebounds after deep corrections. Even so, participation must control risks, as another drop cannot be ruled out. Looking at short-term suggestions.

Ethereum Short-term Suggestion: Long at 1,830 (Long at 1,588) Target 2,100-2,180 (Activate strategy and manage profits yourself)

—— 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 market conditions change 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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