Yueying: 9.22 BTC ETH today's market analysis, beware of violent whipsaw next week.
Let's take a look at today's share!
BTC Technical Analysis ————
BTC's daily line looks at weekend fluctuations, with the previous K closing as a small doji. The intra-day continues to maintain a narrow range of fluctuations, with the Bollinger Bands narrowing and the short-term moving averages trending upwards. The 7-day moving average is pressing above the K line. The MACD fast and slow lines have turned down, with the volume bars decreasing, and the KDJ crossing downwards. The VR indicator is consolidating around the 120 value. Looking at the 4-hour chart, the market is fluctuating and flattening under the resistance of the moving averages, with the Bollinger Bands showing signs of moving downwards and the short-term moving averages turning down. The MACD fast and slow lines have broken through the 0 axis and are moving downwards with decreasing volume bars, and the KDJ is crossing downwards again. The VR indicator is consolidating around the 40 value. Overall, the market is leaning towards weakness, and in the short term, we should continue to focus on the support around the 60-day moving average on the daily line. If it breaks, we need to pay attention to the mid-track area, and watch the resistance below the previous high above. Looking at the short term.
BTC short-term: 114800 long (113600 long), 116800 short (strategy activation has room for self-control)
ETH Technical Analysis————
The weekend trend of ETH is relatively light, supported around the middle track, with resistance from the 7-day moving average above. The market volatility on Monday will definitely be greater; if it cannot break and stabilize above the 4700 level, the market will be in a weak oscillation. In the short term, pay attention to the resistance around 4600 above, while currently, support is found above the 4400 level below. You can temporarily focus on this range, and if it breaks, then pay attention to the 4300 level. Look at the short term.
ETH short-term: 4450 long (4330 long), 4585 short (4658 short) (strategy activation has room for discretion)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time.
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Yueying: 9.22 BTC ETH today's market analysis, beware of violent whipsaw next week.
Let's take a look at today's share!
BTC Technical Analysis ————
BTC's daily line looks at weekend fluctuations, with the previous K closing as a small doji. The intra-day continues to maintain a narrow range of fluctuations, with the Bollinger Bands narrowing and the short-term moving averages trending upwards. The 7-day moving average is pressing above the K line. The MACD fast and slow lines have turned down, with the volume bars decreasing, and the KDJ crossing downwards. The VR indicator is consolidating around the 120 value. Looking at the 4-hour chart, the market is fluctuating and flattening under the resistance of the moving averages, with the Bollinger Bands showing signs of moving downwards and the short-term moving averages turning down. The MACD fast and slow lines have broken through the 0 axis and are moving downwards with decreasing volume bars, and the KDJ is crossing downwards again. The VR indicator is consolidating around the 40 value. Overall, the market is leaning towards weakness, and in the short term, we should continue to focus on the support around the 60-day moving average on the daily line. If it breaks, we need to pay attention to the mid-track area, and watch the resistance below the previous high above. Looking at the short term.
BTC short-term: 114800 long (113600 long), 116800 short (strategy activation has room for self-control)
ETH Technical Analysis————
The weekend trend of ETH is relatively light, supported around the middle track, with resistance from the 7-day moving average above. The market volatility on Monday will definitely be greater; if it cannot break and stabilize above the 4700 level, the market will be in a weak oscillation. In the short term, pay attention to the resistance around 4600 above, while currently, support is found above the 4400 level below. You can temporarily focus on this range, and if it breaks, then pay attention to the 4300 level. Look at the short term.
ETH short-term: 4450 long (4330 long), 4585 short (4658 short) (strategy activation has room for discretion)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time.