Yue Ying: 1.7 Bitcoin and Ethereum Market Analysis Today, Auntie’s Long Positions Executed Precisely, Waiting to Test New Resistance and Watch for Pullback

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Bitcoin Technical Analysis ————

The previous long positions on Bitcoin only moved about $1600 in space. The daily chart shows that the market was blocked and pulled back, with a doji candle with a long lower shadow before the close. At the open today, it tested the Bollinger Bands again, which are opening up. The short-term moving averages are trending upward. The MACD fast and slow lines have broken above the zero axis and show signs of turning slightly. The volume bars are shrinking again. The KDJ is near the 100 level, facing resistance and turning downward. The VR indicator is consolidating around 90.
On the four-hour chart, after a slight dip in the early morning, the market has been oscillating with alternating bullish and bearish candles. Currently, it is supported around the midline of the Bollinger Bands, which are showing signs of narrowing. The short-term moving averages are turning downward. The MACD fast and slow lines are crossing downward at a high level, with increasing volume. The KDJ is turning downward again after turning. The VR indicator is consolidating near 140.
Overall, since the start, the market has been slowly rising. After a slight dip yesterday, the price has recovered, which does not change the short-term structure. A slow-rising market is prone to sharp drops and dives, so short-term trading should avoid chasing. Instead, refer to support and resistance levels for entry. Continue to monitor the support around the four-hour midline below. The resistance continues from the previous analysis. Short-term suggestions are based on this.

Bitcoin Short-term Advice: Current price is over 92800, short at 95000 (short at 96600) (Strategy activation with profit, self-managed)

Auntie’s Technical Analysis ————

The previous long position at 3188 on Auntie’s chart rebounded after pulling back from 3180. The long position was executed precisely and moved about $120 in space. The daily technicals differ somewhat from Bitcoin. The previous candle closed with a bullish body above the upper band, showing slightly stronger momentum than Bitcoin. However, the overall technical approach still needs to be linked with Bitcoin for reference. At this stage, in the macro environment, it’s still difficult to form an independent trend. Short-term support is around 3200, with resistance continuing to focus on the EMA200 on the daily chart. Short-term suggestions are based on this.

Auntie’s Short-term Advice: Current price is over 3250, short at 3346 (Strategy activation with profit, self-managed)

— 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!