Yueying: 4.22 Bitcoin Ethereum Today's Market Analysis Perfect Execution of Short Position on Bitcoin Can Ethereum Break Through 1700 Strongly? Latest Short-term Suggestions Attached
I am Zhou Yueying, let's see today's sharing!
The previous Bitcoin short position at 88380 was accurately executed, while the long position at 86200 was off by a little over 100, follow up to receive.
Bitcoin Technical Analysis ————
Looking at the daily chart of Bitcoin, the previous K line has closed above the 60-day moving average, and the market opened today continuing to rebound, testing the upper band. The Bollinger Bands are in a slightly opening state, with short-term moving averages turning upward. The MACD fast and slow lines have broken above the 0 axis with increasing volume, KDJ has crossed upward again, and we should continue to watch for resistance near the 100 level. The VR indicator is consolidating near the 160 level. In the 4-hour view, after the surge in the early morning yesterday, the market has entered a high-level consolidation. The pullback did not break the previously mentioned support and is expected to continue testing upward. The Bollinger Bands are showing an opening state, with short-term moving averages turning upward. The MACD fast and slow lines are extending upward above the 0 axis with decreasing volume. KDJ is again moving upward, paying attention to resistance near the 100 level, and the VR indicator is consolidating near the 190 level. RSI has entered the overbought zone again. Overall, although the market is relatively strong, the RSI entering the overbought area requires caution. In the short term, pay attention to the resistance below around 90000, and the support around 86500. If the pullback does not break this level, one can consider going long above it; if it breaks, it will continue downward, so the key is to focus on this support in the short term. Looking at the short term.
Bitcoin Short-term: 89500 short, 87688 long (strategy activated, manage your own space)
Ethereum Technical Analysis ————
Ethereum follows Bitcoin down but not up. Bitcoin has broken the previous high, while Ethereum has been sluggish. The drop in the early morning has once again virtually breached the 1550 level. As Bitcoin pulls back, Ethereum seems to be losing steam, perhaps due to overly optimistic market expectations for its rise; it may be weighed down. In the short term, continue to reference the above-mentioned levels. Below, reference around 1550. Looking at the short term.
Ethereum Short-term: 1688 short (1722 short), 1588 long (strategy activated, manage your own space)
—— I am Zhou Yueying, a teacher focusing on technical analysis. Anyone with questions about operations or trends can communicate and learn operations with me! See you next time. $BTC
