Yueying: 5.21-22 Bitcoin & Ethereum Today Market Analysis — 76,000 Support Holds, Upward Move in Sight — Attached with Latest Strategy



I’m Zhou Yueying. If you like these articles, please follow and let’s look at today’s update!

## Bitcoin Technical Analysis——

For Bitcoin, the daily chart shows the previous K-line getting supported at the lower band and rebounding to close in a bullish manner. During the day, the market continued to oscillate and move upward; it briefly probed and broke slightly around the 78,000 area. The Bollinger Bands are opening slightly; the short-term moving averages are trending downward. The MACD fast and slow lines are moving downward, while the histogram shows a contraction in volume. The KDJ turns downward, so pay attention to support near the 0 value. The VR indicator is consolidating around the 100 level. On the four-hour chart, the price is currently being resisted near the upper band, forming a needle-like top with consecutive bearish candles; it is falling. The current price is trading below the middle band. The Bollinger Bands are leveling off; the short-term moving averages remain parallel and continue trending downward. The MACD fast and slow lines turn downward, and the histogram keeps showing contraction. The KDJ is near the 100 level, encountering resistance and turning down; a downward crossover extends. The VR indicator is consolidating around the 90 level. Overall, after receiving support at the daily lower band, the market rebounds, but it has not yet broken above the 7-day moving average. In the short term, there is still an expectation of a pullback to test support. For the rebound’s strength, watch the middle band. If the market cannot break through and continues to oscillate downward, the probability of further downside would increase. For the short term, enter based on support around 76,000; for short-term guidance, see below:

### Bitcoin Short-Term Suggestion: Buy at 76,600 (Strategy Activation—Profit, Manage Yourself)

## Ethereum Technical Analysis——

Ethereum’s price action follows Bitcoin into a wide-range consolidation. On the four-hour chart, the K-line is currently running above the lower band. If it can effectively stabilize, you can expect continuation. The overall trading approach aligns with Bitcoin. For resistance in the short term, watch the 2,280 area; for support, watch the 2,050 area. The strategy continues to be the same as before; for short-term guidance, see below:

### Ethereum Short-Term Suggestion: Buy at 2,088 (Strategy Activation—Profit, Manage Yourself)

——I’m Zhou Yueying, a teacher focused on technical analysis. If you have any issues with executing trades or with market trends, you can exchange and learn with me! Let’s communicate together and earn profits together! $BTC #TradFi交易分享挑战 #灰度购入超51万HYPE并质押
BTC0.11%
ETH-0.04%
HYPE13.47%
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