Yue Ying: 1.6 Bitcoin and Ethereum Market Analysis Today Where Will the V-Shaped Bottom End? Short-term Strategy Included



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Bitcoin Technical Analysis————

Regarding Bitcoin, the previous resistance at 94100 was effectively broken with a short-term short strategy, but the pullback was limited. Currently, only about $1000 of space has been created. On the daily chart, after the previous K-line broke through the upper band and closed with a bullish candle, there was a slight pullback at the open and entered consolidation. The Bollinger Bands are opening, with short-term moving averages trending upward. The MACD fast and slow lines have broken above the zero axis, with increasing histogram bars extending upward. The KDJ is near the 100 level with signs of turning downward. The VR indicator is consolidating around 90. On the four-hour chart, the K-line remains in an upward consolidation, currently facing resistance at the upper band and pulling back for adjustment. The Bollinger Bands are expanding with signs of narrowing, short-term moving averages are in a bullish arrangement, and the MACD fast and slow lines are showing signs of turning downward with decreasing histogram bars. The KDJ is crossing downward, and the VR indicator is consolidating near 260. Overall, the market trend aligns with previous expectations. The short-term structure remains oscillating and slightly bullish, but the previous high resistance remains effective. Focus on the resistance around 95000; if it can break and stabilize, then watch below 97000. Support below is around the four-hour midline. Refer to the short-term strategy.

Bitcoin Short-term Strategy: Short at 95000 (short at 96600), Long at 92200 (strategy activation with profit, manage at will)

Yitai Technical Analysis————

Yitai, previously at 3260, faced resistance at 3266 and pulled back with limited space. The daily and four-hour technicals are linked, referencing Bitcoin. The short-term resistance above is near EMA200; if the price continues upward testing this resistance, as long as it is not broken, expect a pullback. Support below is at the horizontal support of the four-hour pin bar, also near the middle band of Bollinger Bands. Short-term strategy is recommended.

Yitai Short-term Strategy: Short at 3336, Long at 3188 (strategy activation with profit, manage at will)

—— I am Zhou Yueying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn with me! Let’s share and profit together! #BTC #ETH
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