In a person's discipline lies infinite possibilities; the level of your discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
The more diligent, the more effort; the more disciplined, the more outstanding. I am Zhou Yueying, focusing on the trend analysis of mainstream coins and providing insights based on my own skills.
First published on the public account. Friends who want to verify their strength can find Yueying at the end of the article's public account. The Moments feature daily price strategy suggestions at irregular times. Here, Yueying's strategy has only precise points, no ambiguous ranges or nearby values. Friends who like Yueying can click to follow. Let's see today's sharing!
Bitcoin technical analysis ————
Bitcoin daily chart shows the previous K-line closing as a cross shadow line, finding support around 90800 and rebounding. The opening today continues to rebound slightly. The Bollinger Bands are narrowing, and the short-term moving averages are trending upwards, but attention should be paid to the short-term pressure of the 7-day moving average. The MACD fast and slow lines are crossing downwards with volume increasing, and KDJ is extending downwards, paying attention to support near the 0 value. The VR indicator is consolidating around the 200 value. In the 4-hour chart, after the early morning rebound, the 60-day moving average was blocked and closed as a bearish line, followed by consecutive small bullish lines rebounding. Next, we can continue to pay attention to the area around the 60-day moving average to see if it can break through and stabilize. The Bollinger Bands are opening downwards with slight narrowing signs. The 60-day moving average and the middle track form short-term resistance. The MACD fast and slow lines show signs of turning above the 0 axis with decreasing volume, and KDJ is crossing upwards, while the VR indicator is consolidating around the 50 value. Overall, although there is support and rebound around 90000, the bearish outlook remains. Yesterday's article mentioned that the pullback is not over, but the strength of the rebound is limited and did not provide the entry point for short positions mentioned in the article. Today, we still pay attention to the resistance below the daily 7 moving average. Yueying still insists on the previous view that the short-term focus should be on rebound shorting. This wave of decline needs to wash out high-position long positions before a new uptrend can begin. Refer to the short-term suggestion.
Bitcoin short-term suggestion: Sell at 94888 (profit from strategy activation should be taken independently)
Auntie's technical analysis ————
Auntie's short position at 3435 given in yesterday's article was executed at noon but only moved less than 50 dollars. Friends who did not exit can continue to hold the short position at 3435. Although Auntie's rebound strength is somewhat strong, if the short-term key position of Bitcoin does not break and stabilize, Yueying believes it will follow Bitcoin down again. Therefore, the short from yesterday can still be held. Friends without positions can refer to the short-term suggestions below and ensure proper risk control.
Auntie's short-term suggestion: Hold the short position at 3435 from yesterday (3435 short) (profit from strategy activation should be taken independently)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends with any questions about operations or trends can communicate and learn together with me! Let’s exchange ideas and profit together! Public account: I am Zhou Yueying
Article publishing review has delays; the market changes rapidly. The above suggestions are for reference only, and risks are self-borne! The market changes tremendously every day. What I can do is to use my years of practical experience to give everyone some slight help, guiding your investment decisions and management towards the right direction. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto circle, you can pay more attention to Zhou Yueying, and I believe it will help you.