Yue Ying: 6.17-18 Bitcoin and Ethereum Market Analysis Today’s Market Moves? Rate Decision Sparks Volatility? Plus Short-term Tips — Let’s see today’s share!

Bitcoin Technical Analysis ————
Bitcoin daily chart shows the previous K was blocked around the middle band, forming a hanging shadow bearish candle and pulling back. The opening today continued downward testing the support near the 7-day moving average. The Bollinger Bands are narrowing, and the short-term moving averages are arranged upward. The MACD fast and slow lines are moving upward with increasing volume bars. The KDJ is extending downward, watch for resistance near the 100 level. The VR indicator is consolidating around the 30 level. On the 4-hour chart, the trend is oscillating downward, breaking below the middle band, currently operating near the 7-day moving average. The Bollinger Bands are parallel and expanding upward, while the short-term moving averages are narrowing downward. The MACD fast and slow lines are moving downward with increasing green volume bars. The KDJ is supported at the 0 level and turning upward again. The VR indicator is consolidating near the 110 level. Overall, the trend has not changed much; the points mentioned above have not been broken. Continue to follow the reference points. Not to repeat, but note the rate meeting early morning will likely cause short-term volatility. For now, follow the previous analysis: resistance near the previous high, break above and watch around 69,200; below, watch around 64,000. If broken, reference around 62,800. Short-term advice.

Bitcoin Short-term Tips: buy above 64,800, sell short below 66,800 (activate strategy for profit, manage yourself)

Yitai Technical Analysis ————

Yitai’s long and short strategies from earlier missed by a little. The intraday market is not very volatile and has not broken out of the range for now. Short-term can continue to follow the previous ideas. The daily and 4-hour charts’ overall technical trends are synchronized, just follow Bitcoin’s reference. Short-term advice.

Yitai Short-term Tips: buy above 1,730, sell short below 1,830 (activate strategy for profit, manage yourself)

—— I am Zhou Yueying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to exchange and learn with me! Let’s share and profit together! $BTC ‌#我的Gate交易时刻 #Gate现货交易量增幅全球第一