Yueying: Today's Market Analysis for 7.9 Bitcoin and Ethereum. The Bitcoin Range Fluctuation is About to End; Will the Top Resistance Hold?

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

Bitcoin Technical Analysis————

From the daily chart, Bitcoin's previous candle closed bullish, breaking through the 7-day moving average again. The market opened with a rebound, retraced, and tested the 7-day moving average again. The Bollinger Bands are slightly opening, and the short-term moving averages are running around the middle band, moving slightly upwards. The MACD fast and slow lines are trending upwards, with the volume bars decreasing, and the KDJ is turning upwards again. The VR indicator is consolidating around the value of 110. On the 4-hour chart, the market continues to operate within the Bollinger Bands range. Currently, the K-line is influenced slightly by news, showing upper and lower shadows for price consolidation. The Bollinger Bands are maintaining a narrow flat range, and the short-term moving averages are running around the middle band. The MACD fast and slow lines have crossed upwards again, with the volume bars increasing, and the KDJ shows signs of turning upwards. The VR indicator is consolidating around the value of 80. Overall, there hasn't been significant change in the market, remaining within the 4-hour Bollinger Bands range, and the market trend is within expectations. Yueying's short-term view remains unchanged, and it is advisable to continue treating it as a range for now, waiting for a breakout to adjust the strategy. Looking at the short-term.

Bitcoin Short-term: Long at 107760, Short at 109380 (Strategy activated, manage your own space)

Ethereum Technical Analysis————

Although Ethereum's movement tested around 2670, it hasn't deviated far. In the short term, continue to follow Bitcoin's technical reference for range operations. Pay attention to the upper band of the daily chart and the range around the 7-day moving average for entry. Looking at the short-term.

Ethereum Short-term: Long at 2595, Short at 2665 (Strategy activated, manage your own space)

——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 #币安HODLer空投LA #突破交易策略