Yueying: 7.8 Bitcoin Ethereum Today’s Market Analysis — Strong? Still Risk of a Plunge Below 65 — Attached Short-Term Strategy — Let’s See Today’s Sharing!

Bitcoin Technical Analysis————
In terms of Bitcoin’s daily chart, the previous candle broke through the prior key area in a fairly standard manner, and after that it closed with the 7 moving average and then drew a long lower wick for a pullback rebound and stretching. Today’s intraday opening, around the 64,000 area, met resistance again and moved downward. The Bollinger Bands have narrowed and are running parallel, with the short-term moving averages sticking together as they head upward. The MACD fast and slow lines extend upward, and the red histogram shrinks. The KDJ is blocked after reaching the 100 value and turns its head downward. The VR indicator is consolidating around the 110 value. Looking at the 4-hour chart, the market is currently undergoing upward-and-downward wash trading. It is running above the middle band. The Bollinger Bands are parallel and moving upward, and the short-term moving averages are running upward. The MACD fast and slow lines are heading downward, and the green histogram shrinks. The KDJ turns and crosses upward and extends; pay attention to the resistance near the 100 value. The VR indicator is consolidating around the 190 value. Overall, after a small dip, the market directly surged and briefly broke above the 64,000 area, but then met resistance and pulled back for adjustment. At present, short-term we need to focus on whether the previous high can break through and stabilize above the 64,000 area; if it cannot, it may drop again. On the other hand, if it holds, it will likely continue testing the 66,000 area. For support, focus on the area above 61,000. For short-term reference, use the support/resistance levels to consider entries. See the short-term outlook.

Bitcoin Short-Term Suggestions: Long at 61,800, Short at 64,200 (Once the strategy is activated, profits are yours to manage)

Ethereum Technical Analysis————

Ethereum’s price action hasn’t changed much. After a small pullback, it quickly rebounded around the 1,800 area. Intraday price movement remains limited, continuing to consolidate around the high level. The overall technical outlook for both the daily chart and the 4-hour chart matches the idea for Bitcoin—refer to Bitcoin for guidance. For resistance above, focus on the 1,850 area. Support continues to refer to the middle band of the daily chart; if it breaks, then adjust accordingly. See the short-term outlook.

Ethereum Short-Term Suggestions: Long at 1,700, Short at 1,820 (Once the strategy is activated, profits are yours to manage)

——I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about executing trades or trends, you can communicate and learn with me! Let’s exchange ideas and make profits together! $BTC ‌ ‌#Strategy上周减持3588枚BTC