Yue Ying: 6.5 Bitcoin and Ethereum Market Analysis Today? Will the Continuous Decline Bottom Out and Rebound at the Week's End? Short-term Strategy Included



Bitcoin Technical Analysis ——
Bitcoin daily chart shows that after the previous K-line slightly broke below 62,000 and then rebounded, the market opened weak and oscillated around the lower band. The Bollinger Bands are opening downward, with the short-term moving average trending down. The MACD fast and slow lines are extending downward, with increasing histogram bars. The KDJ is moving narrowly sideways upward, paying attention to support near the 0 level. The VR indicator is consolidating around 30. On the four-hour chart, the market is oscillating at a low level around the lower band and the 7-period moving average, currently testing the short-term resistance near the 7-period MA. The Bollinger Bands are showing signs of flattening downward, with the short-term moving averages trending down. The MACD fast and slow lines are parallel and moving upward, with decreasing histogram bars. The KDJ has turned downward then slightly upward again, watch for resistance near the 50 level. The VR indicator is consolidating around 40. Overall, although there is a rebound, it is not a reversal; the trend remains weak. As mentioned earlier, after an oversold condition, a rebound is likely, so intraday more focus on correction and recovery. Short-term resistance is around 65,000, and support first at the 60k level. Tonight is Friday night with non-farm payroll data, which may impact short-term volatility. Pay attention to risk control. Short-term suggestion:

Bitcoin Short-term Strategy: Long at 61,000, short at 64,500 (activate strategy for profit, manage at your own discretion)

Yitai Technical Analysis ——
On the four-hour chart, Yitai was resisted at the 7-period MA and then fell sharply with a large red candle to the lower band, showing overall weakness. The technical trend is similar to Bitcoin, so follow Bitcoin’s reference. Short-term resistance is around 1,820, support around 1,600. Short-term suggestion:

Yitai Short-term Strategy: Long at 1,620, short at 1,800 (activate strategy for profit, manage at your own discretion)

— I am Zhou Yue Ying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn with me! Let’s share insights and profit together! $BTC #比特币ETF单日净流出7272枚 #分享美股交易赢英伟达股票
ETH0.76%
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KittenInTheFishTank
· 06-06 04:39
No way, this strategy is rarely successful; every time we try, we lose.
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