I am Zhou Yueying, and let's take a look at today's sharing!
Bitcoin Technical Analysis————
The daily chart of Bitcoin shows a hammer pattern from the previous candlestick. The market opened today and continues to maintain a high-level fluctuation, facing resistance around the upper band. The Bollinger Bands are expanding, and the short-term moving averages are running upwards. The MACD fast and slow lines are extending upwards with a decreasing volume, while the KDJ is facing resistance and turning down. The VR index is consolidating around the 240 value, and the RSI has entered the overbought zone. On the 4-hour chart, there is a probability of forming a small double top structure. The Bollinger Bands are running upwards and showing signs of contraction, while the short-term moving averages are providing small support. The MACD fast and slow lines have crossed downwards, with increasing volume, and the KDJ is heading upwards again, noting resistance around the 80 value. The VR index is consolidating around the 250 value. Overall, in the short term, there is still a need for a pullback adjustment. The resistance above is first defined by the previous high, and then below 96000. The first support on the downside is around 92000, followed by around 90000. Today is Friday, and there may not be an article update tomorrow, so for short-term trading, refer to the support and resistance levels above and enter in sequence. If it breaks, I will work overtime to update the article. Looking at the short term.
Bitcoin short-term: 94300 short (95700 short), 92200 long (90880 long) (strategy activated with space for self-control)
Ethereum Technical Analysis————
For Ethereum, the short position given yesterday at 1788 was executed precisely, resulting in a movement of about 50 dollars. Ethereum's volatility is small, so don't expect too much from the short-term space; just take profits and don't be greedy. The short-term technical analysis of Ethereum is linked to Bitcoin for reference, and the thought process is consistent. Pay attention to the previous high above and the break of the previous high, while continuing to maintain an entry around 1700 on the downside. Looking at the short term.
Ethereum short-term: 1808 short (1858 short), 1738 long (1688 long) (strategy activated with space for self-control)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn from me together!
