Yue Ying: 6.8-9 Bitcoin and Ethereum Market Analysis Today, Resistance Not Broken, Still at Risk of Re-testing, Short-term Strategy Included

Bitcoin Technical Analysis——
Bitcoin daily chart shows the previous K-line supported above the lower band of 60k and rebounded to close as a bullish candle, opening within the day and continuing to fluctuate around the 7-moving average. The Bollinger Bands are opening downward, with the short-term moving average trending down, MACD fast and slow lines flattening with signs of turning, volume bars decreasing, KDJ extending upward with resistance near the 50 level, VR indicator consolidating around 30. On the four-hour chart, the trend shows consecutive small bullish candles, currently testing resistance near the upper band, Bollinger Bands flattening with a slight opening, short-term moving averages parallel, MACD fast and slow lines extending upward with increasing volume, KDJ moving upward with resistance near the 100 level, VR indicator consolidating around 80. Overall, the market trend aligns with previous expectations, with weekly consolidation in a range, retracement around 61,000 below, then rebounding to test resistance after a double needle on the daily chart. Although the decline has temporarily halted, there is still a probability of making new lows with quick rebounds, so bulls should not be overly optimistic. Focus first on resistance breakthroughs, with short-term resistance around 65,000, then 67,000. Support in the short term is around 61,600. Short-term trading suggestions;

Bitcoin Short-term Trading Suggestions: buy at 62,200, sell at 64,800 (short at 66,600) (activate strategy with profit, trade at your own risk)

Yitai Technical Analysis——

Yitai on the four-hour chart shows a rebound after support at the midline, consistent with expectations. The overall technical outlook can follow Bitcoin’s reference. Short-term resistance is around 1,780, support around 1,600. Short-term trading suggestions;

Yitai Short-term Trading Suggestions: buy at 1,615, sell at 1,765 (activate strategy with 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! #比特币回升5% $BTC