Yueying: Today's Bitcoin and Ethereum Market Analysis at 12.4 Bitcoin. Bitcoin Long Position Realized, Ethereum Rebounds to Key Resistance, Looking at Range for the Day.
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Bitcoin's previous long position at 91800 retraced to around 91700 and rebounded, creating a space of over 2000 dollars. Looking at the daily line, the previous K has once again closed positively. The daily opening maintains high volatility. The Bollinger Bands are in a contracted flat state, with short-term moving averages running around the middle track. The MACD fast and slow lines intersect upward, and the volume pillar is increasing again. The KDJ is running upward, noting the resistance near the 100 value. The VR indicator is consolidating around the 50 value. In the four-hour view, the K-line maintains high volatility and runs above the 7-day moving average. The Bollinger Bands are in an opening state, and the short-term moving averages are turning upwards. The MACD fast and slow lines have broken through the 0-axis and are showing signs of turning upward, with a decrease in volume. The KDJ is turning down, and the VR indicator is consolidating around the 150 value. Overall, the market is in a high-level volatile adjustment, treating the short-term range. The upper resistance focuses on the previous high area, while the lower support focuses on the area above 91000, looking at short-term suggestions.
Bitcoin Short-term Suggestion: 91800 Long, 93800 Short (Activate the strategy and manage profits yourself)
Ethereum Technical Analysis ————
Yesterday's rebound in Ethereum was stronger than Bitcoin, showing a bit of a follow-up rebound. Currently, it is blocked at the upper track of the daily line, with a continuous rise in the four-hour line testing around EMA200. The Bollinger Bands are in an opening state, and other auxiliary indicators can refer to Bitcoin. Considering the resistance from the daily and four-hour perspective, it is possible to participate in short positions below the previous high area, with support focusing on the area above 3080, looking at short-term suggestions.
Ethereum Short-term Suggestion: 3115 Long, 3215 Short (Activate the strategy and manage profits yourself)
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