Yueying: September 17-18 Bitcoin Ethereum Today's Market Analysis Is the Interest Rate Hike Stabilization Continuing? Including Short-term Strategy

CN
2 hours ago

A person's self-discipline hides infinite possibilities; the extent 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 you are, the more effort you put in; the more disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the analysis of mainstream cryptocurrency trends, providing insights into the market based on my own expertise.

Here at Yueying, the strategy only includes precise points, without ambiguous ranges or nearby levels. Friends who like Yueying can click to follow.The previous public account was restricted; please pay attention to the new public account below.Let's see today's sharing!

Technical Analysis of Bitcoin————

Looking at the daily chart of Bitcoin, the previous candle closed bullish, and support was found around the lower track of 75000, leading to a rebound. The market opened today maintaining an upward adjustment. The Bollinger Bands are slightly open, with short-term moving averages arranged parallel, the MACD fast and slow lines extend downward with reduced green volume bars, and the KDJ runs upwards, paying attention to support near the 50 value. The VR indicator is consolidating around the 110 value. In the four-hour view, the market is oscillating narrowly above the 7 moving average and is currently testing the short resistance around the middle track. The Bollinger Bands are opening downwards while the short-term moving averages are moving upwards, the MACD fast and slow lines cross and extend upwards with increasing red volume bars, and the KDJ is encountering resistance near the 100 value, turning downwards; the VR indicator is consolidating around the 90 value. Overall, the anticipated interest rate hike last night did not lead to a significant drop, instead maintaining support around 75000, indicating short-term buying support, but this does not necessarily indicate a stronger trend. In the short term, the oscillation range is 75000-78000; the structure is still relatively weak, and if the support is breached, there is potential for acceleration, so short-term focus should be on support around 75000 and observe the rebound strength first, with short-term suggestions to follow;

Short-term suggestion for Bitcoin: Buy at 75700. (Profit management is up to you once the strategy is activated)

Technical Analysis of Ethereum—

Ethereum's movement follows Bitcoin's trends closely; after a downturn, it quickly rebounded, maintaining support. The strategy is also based on this assessment; yesterday's long positions were successful, but currently, there isn't much room to grow. Continue to pay attention to the above-mentioned support area for entry, with short-term suggestions to follow;

Short-term suggestion for Ethereum: Buy at 2388. (Profit management is up to you once the strategy is activated)

——I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions about operations or trends can exchange and learn operations with me! Let's share and profit together!

There may be delays in article publishing reviews, and the market changes rapidly; the above suggestions are for reference only, with risks borne by individuals! The market changes daily; what I can do is use my years of practical experience to provide some minor help, guiding your investment decisions and management towards the right direction. Meeting is a form of fate; I believe in fate. If you have any confusion in the crypto world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.


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