Yueying: 7.17 Bitcoin Ethereum Today's Market Analysis Continuous Selling Is Auntie Tai's Rally About to End?
I am Zhou Yueying, let's take a look at today's sharing!
Bitcoin Technical Analysis ————
The previous short position at 119600 has moved out about 2000 dollars of space. Bitcoin's daily chart shows the previous candle closed bullish and is above the 7-day moving average. During the day, it opened again testing the 7-day average. The Bollinger Bands are in an opening state with short-term moving averages running upwards, and the MACD fast and slow lines are extending upwards showing signs of a turn, with volume columns decreasing. The KDJ is crossing downwards, and the VR indicator is consolidating around the value of 180. Looking at the 4-hour chart, the market is fluctuating upwards, breaking through the middle track and then falling back again. The Bollinger Bands are flat with short-term moving averages running around the middle track. The MACD fast and slow lines are extending downwards with volume columns increasing. The KDJ is crossing downwards and the VR indicator is consolidating around the value of 130. Overall, the market trend meets expectations, maintaining a fluctuating adjustment. The short-term outlook remains unchanged, continuing to see range fluctuations. It is worth noting that there have been recent reports of large holders selling, and if there is a strong upward surge in the future, bulls should be cautious. Looking at the short term.
Bitcoin short-term: 119600 short, 116580 long (strategy activated, manage the space yourself)
Auntie Tai Technical Analysis ————
Auntie Tai continues to rally, in line with the expectation of Bitcoin's sideways consolidation. It is currently testing below 3500. In such a market, be cautious as there may be sudden drops for liquidation, and there are also reports of selling. Therefore, in the short term, you must be cautious regardless of bullish or bearish positions, and reasonable arrangements should be made. Those who need to defend must do a good job of risk control. For the upper side in the short term, first pay attention to the resistance below 3600, and the support above around 3280. Looking at the short term.
Auntie Tai short-term: 3580 short, 3330 long (strategy activated, manage the space 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! See you next time.
