Yueying: 9.2 Bitcoin Ethereum today's market analysis Big Coin hits bottom and rebounds The downward channel remains unbroken and continues to look bearish



I am Zhou Yueying, and let's see today's sharing!

BTC Technical Analysis————

The daily chart for BTC shows a bullish closing of the previous K line. The market opened today testing upwards and currently shows signs of breaking through the 7-day moving average. The Bollinger Bands are starting to narrow, and the short-term moving averages are trending upwards. The MACD fast and slow lines are extending downwards with signs of a potential turning point, while the volume bars are decreasing. The KDJ is crossing upwards, and the VR indicator is consolidating around the 70 value. On the 4-hour chart, the K line closes bullishly, breaking through the upper band. It is currently operating above the upper band, with the Bollinger Bands in an opening state and the short-term moving averages turning upwards. The MACD fast and slow lines are trending upwards, and the volume bars are continuously increasing. The KDJ is also moving upwards, with attention needed on the resistance near the 100 value. The VR indicator is consolidating around the 90 value. Overall, the market is supported around 107000, and short-term indicators can reference the support above this level, with resistance to be considered around the 60-day moving average on the 4-hour chart, followed by the EMA200. Focus on short-term trends.

BTC short-term: 110800 short (113000 short) (strategy activation has space for discretion)

Concubine Technology Analysis————

The daily chart of the secondary wife continues to pay attention to the short-term resistance around the middle track and the 7-day moving average. If it breaks through, then focus on the area around 4500. The 4-hour chart is currently facing resistance at the middle track. If it breaks through, then pay attention to the resistance at the previous high of the upper track and the 60-day moving average. Support below can be observed around 4200, and next around 4100. The short-term rebound continues to be bearish, focusing on short-term.

Auntie Tai Short Line: 4470 Short (4538 Short) (Strategy activation has space for self-control)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate with me to learn operations together! See you next time.
TRUMP-2.13%
SOL-2.83%
XRP-1.88%
ETH-3.72%
BTC-1.6%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-6c53a938vip
· 09-02 08:38
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)