Bitcoin and Ethereum Technical Analysis Strategy ————

The daily chart for Bitcoin shows a continuation of slow upward growth with bullish candles. The current high point is around 99537, and the market opened today with continued slow growth. The Bollinger Bands maintain an opening state, short-term moving averages are aligned upwards, the MACD fast and slow lines are extending upwards, and the volume bars are increasing again. The KDJ crosses upwards, and attention should be paid to the resistance near the 100 value. The VR indicator is consolidating around the 200 value. On the 4-hour chart, the candlestick pattern still shows small bullish candles with slow growth, and there hasn't been a significant pullback. Last night's bearish candle pulled back over 2000 dollars, which was not significant, and then it continued upward. The Bollinger Bands maintain an opening state, short-term moving averages are running upwards, the MACD fast and slow lines are running upwards, the volume bars are slightly decreasing, and the conversion of volume is occurring. The KDJ crosses upwards, and the VR indicator is consolidating around the 200 value. Overall, the market continues to maintain a slow upward trend. A slow rise is characteristic of a bull market, and a sharp drop is also characteristic, but during this uptrend, there hasn't been a significant pullback, which makes the trend unhealthy. Market sentiment is in extreme greed, so as long as the market continues to rise, we should look for a pullback, perhaps the market has shorts below 100,000, defending the 100,000 level. Therefore, two reference positions are given for short-term trading, in case the main force liquidates the defense at 100,000. In this type of market where it is always long and always profiting, we will not provide long position advice here at Yueying. Shorts can take note and consider. Here are the short-term suggestions.

Short-term advice for Bitcoin: 99800 short (101700 short) (Profit from activated strategy is to be managed independently)

Short-term advice for Ethereum: 3407 short (3488 short) (Profit from activated strategy is to be managed independently) $BTC