Yueying: August 9 Bitcoin and Ethereum Market Analysis: The Range Remains Unchanged; Patiently Wait for the New Structure Next Week—Here Is Today's Analysis! Bitcoin Technical Analysis———— On Bitcoin's daily chart, the previous candle closed as a bullish doji, with a false break above the 65,000 area followed by a pullback. Intraday trading opened and remained in a narrow high-level consolidation. The Bollinger Bands are flattening, while the short-term moving averages are trending upward. The MACD fast and slow lines are moving upward, and the red volume bars continue to expand. KDJ is extending upward, with attention on resistance near the 100 level. The VR indicator is consolidating near 110. On the four-hour chart, the market is slowly rising after finding support at the middle band. The Bollinger Bands are running parallel and upward, with the short-term moving averages arranged in parallel. The MACD fast and slow lines are crossing and moving downward, while the green volume bars are shrinking. KDJ is turning upward, with attention on resistance near the 50 level. The VR indicator is consolidating near 130. Overall, the market continues to maintain a narrow-range consolidation. Weekend trading is even quieter, with little change. Watch whether anything changes tonight. From a technical perspective, continue to focus on the levels mentioned previously. In the short term, watch the resistance around 66,000; if it is not broken, continue to look for a pullback. Below, watch the short-term support around 63,800; a breakdown would bring the previously mentioned horizontal support around 62,000 into focus. Use the reference resistance and support levels to enter short-term trades, and consider the following short-term recommendation: Bitcoin short-term recommendation: Short at 65,300. (Once the strategy is activated, manage any profits at your own discretion.) Ethereum Technical Analysis———— Ethereum is consolidating in a narrow range above 1,900, and the short-term market structure remains unchanged. The overall technical trends on the daily and four-hour charts can be analyzed in conjunction with Bitcoin. In the short term, watch the resistance around 1,950 and support around 1,850. Adjust the strategy if either level breaks, and consider the following short-term recommendation. Ethereum short-term recommendation: Short at 1,930. (Once the strategy is activated, manage any profits at your own discretion.) ——I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to communicate and learn trading with me! Let us communicate and profit together! $BTC ‌#MoonshotAIPreIPOs开启 $ETH

$ETH /USDT | LONG SETUP ETH is approaching a key intraday support zone while volatility remains compressed. A breakout could accelerate quickly if buyers reclaim the trigger level. Trade Direction: LONG Entry: 1919.42 – 1920.40 Stop Loss: 1908.17 Take Profit: TP1: 1928.71 TP2: 1934.58 TP3: 1943.38 Market Structure: • 1D trend: Range • 15M RSI: 56.68 • ATR: 4.89 • Long signal confidence: 77.4% Key Level: 1920.40 A sustained move above 1920.40 could confirm bullish continuation toward 1934 and 1943. If price loses 1908.17, the long setup is invalid. Entry on confirmation or buy the dip? $ETH ‌#MoonshotAIPreIPOsOpen

Why do novice traders ignore trading rules? Novices ignore trading rules because of the illusion of easy money, strong emotions (greed and fear), false confidence after their first successes, and a lack of trading experience. They think the market is simple, while strict discipline prevents them from getting rich quickly. The main reasons for breaking the rules: The illusion of easy earnings: Advertising promises quick income without effort. Beginners think trading is simple. The power of emotions: Greed makes them risk all their capital, while fear makes them cancel protective stop-losses. The beginner effect: A couple of successful trades at the start creates dangerous confidence in their own genius. The desire to recover losses: After a loss, a person loses control and makes chaotic trades to get the money back. Lack of understanding of risks: No understanding of probability mathematics and capital management rules. $ETH