Yue Ying: 2.13 Bitcoin and Ethereum Market Analysis Today CPI Will Accelerate the Market, Complete a Second Test, and Rebound? Short-term Highlights Included

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Bitcoin Technical Analysis ————

On the daily chart, Bitcoin showed a period of consolidation after last night’s data release, but the range was small, around $3000. The previous candle was resisted around the 7-day moving average and closed as a bearish candle. During the day, it opened higher and tested the 7-day moving average again. The Bollinger Bands are narrowing and trending downward, indicating a short-term tightening. The short-term moving average has turned upward, and the MACD fast and slow lines are extending downward but show signs of turning upward. The volume bars are decreasing. After the KDJ indicator turned upward again, the trend continued. The VR indicator is consolidating near the 50 level.

On the 4-hour chart, the market found support near the lower band and rebounded to test the middle band. The Bollinger Bands are narrowing. The short-term moving average is slightly upward. The MACD fast and slow lines crossed upward, and the volume slightly increased. The KDJ crossed upward and extended. The VR indicator is consolidating near the 90 level.

Overall, the market is supported, but resistance above remains effective. Currently, the upper 4-hour band and the 60-day moving average are key short-term boundaries. If they cannot be broken and stabilized, the price will continue testing the lower 4-hour band. A break below would target the support around 63,000. CPI data will be released on Friday, so short-term volatility and shakeouts are still expected, with ongoing risk of further downside. Short-term trading is recommended.

Bitcoin Short-term Strategy: Short at 69,800, long at 66,000 (long at 63,800) (Activate strategy if profitable, trade at your own risk)

Auntie Tech Analysis ————

Auntie’s daily and 4-hour technicals reflect Bitcoin’s reference points. Resistance and support levels are consistent with above, with an additional new support level for long positions. Keep an eye on the 2100 level as a dividing line. If it breaks and stabilizes again, the rebound will continue upward testing. Support below is around 1800. If there’s a false breakout and it reclaims that level, it indicates the second test is complete, and a continuous rebound is likely. If the price breaks the previous low, the chance of forming a new low increases. Short-term focus should be on this logic for trading.

Auntie Short-term Strategy: Short at 2058, long at 1888 (long at 1828) (Activate strategy if profitable, trade at your own risk)

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