Within a person’s self-discipline lies infinite possibilities. The degree to which you are disciplined determines the heights you can reach in life.
There are no shortcuts in life, but every step you take counts.
The more diligent and hardworking you are; the more disciplined, the more outstanding you become. I am Zhou Yueying, focused on analyzing the trends of mainstream coins, using my own technical insight to provide perspectives on the market.
Here, the strategies I share contain only precise price points—none of those ambiguous ranges or areas. If you like my approach, feel free to follow me. Let’s take a look at today's insights!
On the daily chart, Bitcoin found support and bounced back near 63,000, closing with a bullish candle that broke through the 60-day moving average. After opening, it was suppressed by the 7-day moving average, reaching a high and then retreating, followed by weak downward consolidation. The Bollinger Bands have slightly opened downwards, short-term moving averages are trending down, MACD fast and slow lines are extending downward and green volume has increased. KDJ is turning down, pay attention to support near the 0 value. The VR indicator is consolidating around the value of 110. On the four-hour chart, the morning opened with a real bearish candle breaking the middle band, currently trading around 62,500. Bollinger Bands narrowed with short-term moving averages trending downwards. The MACD fast and slow lines are parallel downwards, with reduced volume, and KDJ is once again blocked near 100 and crossing down. The VR indicator consolidates near 50. Overall, the trend is weak, falling steadily with no bounce in the European session. Support has turned into short-term resistance, so intraday short-term strategy favors selling the bounce. The short-term resistance to watch is near 64,000, with support at 61,000 and next at the 60,000 round number. If it breaks below, there is room further down. Here are my short-term suggestions:
Bitcoin short-term suggestions: 63,500 sell; 61,500 buy (Activate strategies and take profits as you see fit)
Looking at Ethereum on the four-hour chart, prices have continued downward with consecutive bearish candles. After a false break of the lower band, a rebound followed, and intraday prices are weak and consolidated around the lows. The overall technical trend is in line with Bitcoin, so you can refer to it. The short-term resistance to watch is near 1,900, and support near 1,760. If these levels are broken, there will be adjustments. Here are my short-term suggestions:
Ethereum short-term suggestions: 1,880 sell; 1,780 buy (Activate strategies and take profits as you see fit)
—— I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about trading or trends, feel free to learn and discuss with me! Let’s communicate and profit together!
There is a delay in article review and publication, and the market changes rapidly. The above suggestions are for reference only—please bear risks yourself! The market changes thousands of times every day; with my years of practical experience, all I can do is provide you with a bit of guidance so your investment decisions and management set sail in the right direction. Our encounter is fate. I am someone who believes in fate, so if you have any confusion in the crypto world, follow Zhou Yueying; I believe it will help you.
