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Bitcoin Technical Analysis————
Bitcoin's rebound yesterday did not break through the 95,000 level, short positions were not activated, and long positions had about 1,700 dollars of space. Looking at the daily chart, the previous candlestick closed as a high-position doji, opening today with a retreat below the upper band. The Bollinger Bands are in an opening state, with the short-term moving averages turning upwards, the MACD fast and slow lines continue to extend upwards while the volume bars are shrinking, the KDJ is turning down, and the VR indicator is consolidating around the 220 value, with the RSI turning in the overbought zone. On the 4-hour chart, the market retraced and broke below the 7-day moving average, testing around the middle band. The Bollinger Bands are running upwards with a slight opening, the 7-day moving average is turning upwards, and other moving averages are also moving upwards. The MACD fast and slow lines crossed down at a high position with the volume bars turning green and expanding, while the KDJ is extending downwards with the VR indicator consolidating around the 230 value. Overall, this wave of upward movement has temporarily stopped and entered an adjustment phase. In the short term, the previous high serves as a boundary, and then it is about breaking the previous high. These two thoughts are used to rebound short, and the support below focuses on the 4-hour middle band. Watch the short term.
Bitcoin Short Term: 93,500 short (95,300 short), 90,880 long (strategy activated with space for self-control)
Ethereum Technical Analysis————
For Ethereum, the technical aspect is linked to Bitcoin for reference. Currently, it is facing resistance and retracing around 1,830, synchronizing with Bitcoin's short-term thoughts. First, reference the area below the previous high, and then break through the previous high to enter. Looking at this wave of retracement, it is in a downward drift, and only an acceleration will lead to a rebound, so the short-term support reference is below 1,700. Watch the short term.
Ethereum Short Term: 1,788 short (1,855 short), 1,688 long (strategy activated with space for self-control)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any operational or trend-related questions can communicate and learn operations with me! See you next time. $BTC $ETH