Within a person's self-discipline lies infinite possibilities. The degree of your self-discipline determines the heights you can reach in life.
There are no shortcuts in life, but every step you take counts.
The more diligent, the harder you work; the more disciplined, the more exceptional you become. I am Zhou Yueying, focused on mainstream coin trend analysis, offering insights based on my own technical perspective of the market.
Here at Yueying, strategies are only precise points, no ambiguous ranges or nearby areas. If you like Yueying, feel free to follow. Take a look at today's sharing!
On the daily chart, BTC’s previous K-line closed as a small bullish candle, with the trend showing continued high-level adjustments. The session opened under pressure and dropped, overall staying around the 78,000 mark. Bollinger Bands are opening upwards with short-term moving averages running parallel. MACD fast and slow lines are trending downward with shrinking volume bars, and KDJ is extending downward; pay attention to support near the 0 value. The VR indicator is consolidating around the 190 level. On the 4-hour chart, the trend attempted to break higher but was blocked, and after the K-line closed with a long upper shadow bearish candle, it continued to fall. Bollinger Bands are narrowing, short-term moving averages are flat, MACD fast and slow lines are merging downward with shrinking volume bars, KDJ has turned downward and crossed, pay attention to support near the 50 value, VR indicator is consolidating near 80. Overall, the price is still oscillating at high levels. The weekly chart closed as an upper shadow doji; pay attention to this week’s rebound as there is a high chance of a bull trap. Based on weekly technical feedback, this week is more tilted toward oscillation and retracement, so keep an eye on the 80,000 level and previous highs above. Focus on short-term rebound shorts, with support at 76,000–75,000. If support breaks, the probability of accelerated movement increases. See the short-term recommendation below;
BTC short-term recommendation: 79,300 short. (Once the strategy is activated and profitable, control as you wish.)
Ethereum’s technicals are linked to BTC for reference. If the high-level consolidation continues for a long time without breaching the resistance zone above, the probability of a retracement increases. Watch for resistance around 2,500–2,550. If retested and not broken, focus mainly on retracement. Below, horizontal support is at 2,400–2,350. Same as BTC, a break would accelerate the movement. See the short-term recommendation below;
Ethereum short-term recommendation: 2,510 short. (Once the strategy is activated and profitable, control as you wish.)
——I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions regarding operations or trends, feel free to communicate and study together! Let's share and profit together!
There may be delays in article publication and review. The market changes rapidly. The above suggestions are for reference only and are at your own risk! The market changes dramatically every day. What I can do is use my many years of practical experience to give you some small help, so that your investment decisions and management are on the right course. Meeting is fate; I am someone who believes in fate. If you have any questions in the crypto circle, feel free to follow Zhou Yueying. I believe it will be helpful to you.
