A person's self-discipline holds unlimited possibilities. The degree of your self-discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
The more diligent and hardworking you are, the more self-disciplined and excellent you become. I am Zhou Yueying, focusing on mainstream coin trend analysis and offering insights on the market based on my technical understanding.
The strategies here from Yueying only provide precise entry points—there are no vague ranges or approximations. If you appreciate my work, feel free to follow me.Check out today’s analysis!
BTC Technical Analysis————
As previously mentioned for BTC, if the 82,000 support breaks, it will test the 80,000 zone. So, you need to adjust your strategies in line with the evolving market. On the daily chart, the previous K-line closed with a lower shadow. After today’s open, the price rebounded. The Bollinger Bands are narrowing, and the short-term moving averages are running near the middle line, showing signs of turning. The MACD lines are crossing downward with increasing volume, the KDJ is turning upwards, and the VR indicator is consolidating around 90. On the 4-hour chart, after falling below the lower Bollinger Band, there was a quick rebound breaking above the short-term moving averages. The Bollinger Bands are trending downwards with signs of narrowing, the short-term moving averages are turning up, MACD is crossing upward with decreasing volume, KDJ is extending upwards (take note of resistance near 100), and the VR indicator is consolidating around 50. Overall, after consecutive declines yesterday, the market found support and rebounded around 80,000. Watch whether it can break and stabilize above 84,000 in the short term, with 82,000 as support. Although support has formed around 80,000, whether the bottom is confirmed needs further observation, and whether the rebound can continue also depends on the break above 84,000. The new structure still requires monitoring. For tonight, focus on the support for a rebound, and refer to the short-term suggestion below:
BTC Short-term Suggestion: Long at 82,500. (If the strategy is activated and you gain profits, manage accordingly.)
ETH Technical Analysis————
The previous view for ETH is also the same: if 2,500 breaks, wait for support around 2,400. The market tested 2,400 and rebounded, technically moving in correlation with BTC. Watch the resistance zone at 2,530–2,550 above, which is the key area determining whether the rebound continues. Support is at 2,450. Refer to the short-term suggestion below:
ETH Short-term Suggestion: Long at 2,480. (If the strategy is activated and you gain profits, manage accordingly.)
——I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about trading or trends, you’re welcome to communicate and learn with me! Let’s discuss and profit together!
There is a delay in article review and publication, while the market moves rapidly, so the above suggestions are for reference only and you bear your own risk! The market changes every day. What I can do is use my years of practical experience to give you some guidance so that your investment decisions and management sail in the right direction. It’s fate that we meet. I believe in fate; if you have any doubts about the crypto space, please follow Zhou Yueying. I believe it will be helpful to you.
