I am Zhou Yueying: Ethereum has accurately captured both long and short positions again. For Bitcoin and Ethereum, do not fantasize about a big one-sided move for the time being; wait for adjustments. Short-term suggestion $BTC

I am Zhou Yueying: The key is for Ethereum to stabilize after breaking through the watershed. How to grasp the short-term return of Bitcoin above 100,000?

Bitcoin Ethereum Technical Analysis————

The space for the short position in yesterday's article was relatively small, so there's no need for a review. Looking at the daily chart, the previous candle closed as a solid bullish candle but faced resistance around the upper band before pulling back into adjustment. The short-term moving averages below form support, followed by the mid-band. The Bollinger Bands are slightly opening, and the MACD fast and slow lines continue to extend downwards with the volume bars again turning into a contraction. The KDJ has a crossover upwards, and the VR indicator is consolidating around the value of 130. On the 4-hour chart, after a series of bullish candles, it faced resistance around 101880 before pulling back, closing two consecutive candlesticks with upper shadows, indicating weakening momentum. The Bollinger Bands are slightly narrowing, and the 60-day moving average coincides with the mid-band, forming short-term support. The MACD fast and slow lines cross upwards, breaking through the zero axis, while the volume bars turn into a contraction. The KDJ shows a downward crossover trend, and the VR indicator is consolidating around the value of 160. Overall, the short-term market shows signs of weakening upward momentum and a pullback to test support. It is advisable to wait for support confirmation before entering long positions, with resistance focusing on the area below 102000. If it breaks through, we should pay attention to the historical high points.

Bitcoin short-term suggestion: Buy at 98800, Sell at 101600 (Sell at 103600) (Once the strategy is activated and profitable, manage it yourself)

Ethereum Technical Analysis————

Regarding Ethereum, the short position mentioned in yesterday’s article also had only a few dozen dollars of space. It was mentioned that 3800 is the watershed between bullish and bearish, and the market has confirmed the expectation, breaking through 3800 and then slightly pulling back for adjustment before rising again. Since it is a watershed, let's first refer to the support above 3800. If it falls below 3800, we will consider the support above 3700. The upper resistance is still primarily around the 4000 level, followed by the previous high points. The strategy in the article should be flexibly arranged during the process, with good risk control. Short-term suggestions are advised.

Ethereum short-term suggestion: Sell at 3988 (Sell at 4076), Buy at 3838 (Buy at 3768) (Once the strategy is activated and profitable, manage it yourself)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's communicate and profit together! $BTC