Within a person's self-discipline lies infinite possibilities. The degree of your self-discipline determines the heights you will achieve in life.
There are no shortcuts in life, but every step you take counts.
The more diligent and hardworking you are, the more outstanding you become through self-discipline. I am Zhou Yueying, focusing on the analysis of mainstream coin trends, providing insights into the market based on my technical expertise.
The strategies here from Yueying only provide precise entry points, never ambiguous ranges or approximations. If you like my analysis, don't forget to follow. Now, let’s look at today’s sharing!
On the daily chart for BTC, the previous K-line showed a pin bar, indicating ongoing resistance and pressure, with today’s market opening continuing to drop and breaking below the 63,000 level. The Bollinger Bands are slightly opening downward, short-term moving averages are trending down, MACD fast and slow lines are moving downward with green bars expanding, and KDJ is extending downward—watch for support around the 0 value. The VR indicator is consolidating near 100. On the four-hour chart, the price is slowly dropping, testing support at the lower band, MACD fast and slow lines are downward, short-term moving averages are also trending down, MACD bars continue to expand, KDJ is turning upwards—watch for resistance near 50, and VR is consolidating near 60. Overall, the market was rejected at expected resistance levels and is now testing the previously mentioned key short-term support. If this level is broken, there may be further downside, so in the short term, look for a rebound from support. If the support is completely broken, it’s best to avoid entering. Short-term suggestion:
BTC short-term suggestion: Buy at 62,200. (Once the strategy is activated and there is profit, manage your position accordingly.)
ETH keeps moving sideways and consolidating within a small range today, and in the short term, this small range can continue to be referenced. The technical movement on the daily and four-hour charts is generally consistent with BTC. For resistance, pay attention to the previous highs above, and for support, look at the 1,800 level. If broken, further adjustment is needed. See short-term suggestion below.
ETH short-term suggestion: Buy at 1,850. (Once the strategy is activated and there is profit, manage your position accordingly.)
——I am Zhou Yueying, a teacher focusing on technical analysis. If you have any questions regarding trading or trends, feel free to communicate and learn from me! Let’s profit together through mutual exchange!
Article publication and review are delayed, and market conditions change rapidly. The above suggestions are for reference only and you are responsible for any risks! The market changes daily. With my years of practical experience, my goal is to provide you with some small assistance so that your investment decisions and management can follow the right course. Meeting is fate, and I am someone who believes in fate. If you have any confusion or questions in the crypto space, follow Zhou Yueying—I'm sure it will be of help to you.
