Yue Ying: 6.7-8 Bitcoin and Ethereum Market Analysis Today, Double Needle Bottoming End of Bearish Trend? Latest Trend Strategy Included

Bitcoin Technical Analysis——

Bitcoin daily chart shows that after the previous candle slightly broke below 60k and then closed with a pin, it rebounded. During the day, it continued to oscillate above the lower band. The Bollinger Bands are opening with the short-term moving average pointing downward, MACD's fast and slow lines are moving downward with decreasing volume bars, KDJ is turning upward with a crossover near the 50 level, indicating resistance nearby, VR indicator is consolidating around 30. On the four-hour chart, the price is supported at the 7 moving average, with continuous bullish candles breaking through, currently trading above the middle band and testing the small resistance around 63,000. The Bollinger Bands are moving sideways with narrow width, the short-term moving average is slightly upward, MACD's fast and slow lines are rising with increasing red volume bars, KDJ is extending upward with resistance near 100, VR indicator is consolidating around 70. Overall, after a series of downward candles hunting for bulls, the market has seen a pin-like rebound. Whether it can stabilize completely remains to be seen. Resistance around 65,000 must be broken and stabilized; otherwise, there won't be a significant rebound, and there's a probability of further downward probing for new lows. In the short term, observe the range adjustment between 61-65. If the price breaks below 60,800, continue to monitor long positions. Focus on resistance below 65,000. This is a short-term suggestion.

Bitcoin short-term suggestion: buy at 61,200, sell at 64,300 (activate strategy for profit, trade at your own risk)

Altcoin Technical Analysis——

Altcoin four-hour chart shows that after being supported around the 7 moving average, it has been rising with consecutive bullish candles. Currently testing the small resistance near the middle band; if broken, the upward continuation can be expected. The overall technical trend can refer to Bitcoin for coordination. Short-term resistance is around 1,780, support around 1,550. Short-term trading suggestions;

Altcoin short-term suggestion: buy at 1,580, sell at 1,738 (activate strategy for profit, trade at your own risk)

— 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 together! Let's share insights and profit together! #比特币ETF单日净流出7272枚 $BTC