Yueying: 7.18 Bitcoin Ethereum Today's Market Analysis - Bitcoin Continues to Consolidate, Auntie Tai Makes a Comeback, 4000 in Sight?

I am Zhou Yueying, and let's take a look at today's sharing!

Bitcoin Technical Analysis————

The daily chart shows a doji candle, with the market continuing to oscillate at the 7-day moving average level. The Bollinger Bands are opening, and the short-term moving averages are trending upwards. The MACD fast and slow lines are extending upwards while the volume bars are decreasing. KDJ is crossing downwards, and the VR indicator is consolidating around the value of 260. On the 4-hour chart, the market tests the upper band and retraces, oscillating in the middle to upper band range. The Bollinger Bands are narrowing and flattening, with the short-term moving averages around the middle band. The MACD fast and slow lines are flattening with decreasing volume bars, and KDJ is turning around again. The VR indicator is consolidating around the value of 120. Overall, the market continues to maintain a slow upward oscillation. In the short term, we still expect oscillation. It is anticipated that Bitcoin will stop rising and oscillate until Auntie Tai's supplementary rise is finished before any new major movements occur. In the short term, pay attention to the resistance below 121000 and continue to focus on the support around 117000, looking at the short term.

Bitcoin Short-term: 120800 Sell, 117800 Buy (Strategy activated, space to manage yourself)

Auntie Tai Technical Analysis————

Auntie Tai's supplementary rise is indeed strong, this time really making those who previously looked down on it have to admit defeat. Shorting must come with a stop-loss, and one must not be narrow-minded. This wave of supplementary rise may not be over yet, but with such a strong surge, there has been no significant pullback for a washout, and the probability of a washout increases the further it goes. The pullback strength is limited, leaving many wanting to go long to miss out. Going long midway relies entirely on courage. In the short term, pay attention to resistance around 3800 and support around 3500, looking at the short term.

Auntie Tai Short-term: 3780 Sell, 3550 Buy (Strategy activated, space to manage yourself)

——I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions about operations or trends can communicate and learn with me! See you next time. $BTC $ETH #ETH突破3600