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Yueying: 8.13 Bitcoin Ethereum today's market analysis ETH 4200 long order cashed out, breaking through the 4500 historical high point is within reach.
I am Zhou Yueying, and let's see today's share!
Bitcoin Technical Analysis————
The current price of Bitcoin is over 118,000, with only about 1,600 dollars of space available. The daily chart shows the previous K bar closing with an upper shadow and a bearish candle. The market opened today and is experiencing high-level consolidation. The Bollinger Bands are maintaining a flat state with the short-term moving averages turning upwards. The MACD fast and slow lines are crossing upwards above the zero axis, with increasing volume, while the KDJ is turning downwards. The VR indicator is consolidating around the 60 value. Looking at the 4-hour chart, after a series of bearish candles, the market found support and rebounded at the 30-day moving average and the middle band, breaking through the 7-day moving average. The Bollinger Bands are running upwards with a slight opening, the MACD fast and slow lines are crossing downwards with decreasing volume, and the KDJ is supported near the zero value, starting to turn. The VR indicator is consolidating around the 100 value. Overall, the market is expected to continue maintaining a high-level consolidation below the previous highs in the short term. Therefore, the short-term strategy remains unchanged, focusing first on the resistance around the previous highs. If a breakthrough occurs, then watch the resistance around 125,000, with the lower support remaining unchanged for now. Looking at the short term.
Bitcoin short-term: 121600 short (124800 short), 118000 long (116500 long) (strategy activation has space for self-control)
ETH Technical Analysis————
The long order at 4200 has realized a profit of over 200 dollars, which is quite a good result. The overall strategy for ETH remains consistent with the previous analysis. Currently, it has broken through the previous high and is testing around 4440. The daily and 4-hour charts still maintain a bullish structure. Technically speaking, I am optimistic about a continued push towards 4500. Once it stabilizes and breaks the historical high, reaching a new all-time high will just be a matter of time. In the short term, the resistance to watch is around 4500, with support around the 4300 level. The key short-term support is around 4150, which can be seen as a short-term dividing line between bullish and bearish trends. Let's look at short-term recommendations.
ETH short term: 4480 short (4558 short), 4358 long (strategy activation has room for self-control)
——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.