Yue Ying: 6.1-2 Bitcoin and Ethereum Market Analysis Today Can the Bulls Hold the 70,000 Level? Latest Strategy Included

Bitcoin Technical Analysis ————
The short-term strategy given earlier for Bitcoin suggests a move around $2,700. On the daily chart, the previous K-line was pressured by the 7-day moving average and closed lower. During the day, the price continued to decline, touching the lower band. The Bollinger Bands are opening downward, with the short-term moving average trending down. The MACD fast and slow lines are extending downward, with increasing histogram bars. The KDJ is turning downward, pay attention to support near the 0 level, and the VR indicator is consolidating around 70. On the 4-hour chart, after touching the upper band, the price has fallen for three consecutive red candles, currently trading below the lower band. The Bollinger Bands are opening like a trumpet, with the short-term moving average moving downward. The MACD fast and slow lines are crossing downward, with increasing green histogram bars. The KDJ is turning downward after being resisted near the 50 level, and the VR indicator is consolidating around 100. Overall, the market is weakening again and trending downward. The rebound has not stabilized above the 74,000 level. As the structure tests downward, the next key support zone is around 70,000-69,000. Short-term resistance has moved down to around 73,000. This slow decline, like boiling frogs, is not very friendly to bulls. For short-term reference, consider support and resistance for entry.

Bitcoin Short-term Strategy: Buy at 69,900, Sell at 72,600 (activate strategy for profit, manage yourself)

Yitai Technical Analysis ————

Yitai on the 4-hour chart shows the price being resisted by the moving averages and the middle band, currently testing small support around the lower band with candles closing above and below. Overall technical trend should follow Bitcoin’s reference. Short-term resistance is around 2,100, support around 1,900. Follow short-term trading advice;

Yitai Short-term Strategy: Short at 2,078, Long at 1,930 (activate strategy for profit, manage yourself)

— I am Zhou Yue Ying, 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 insights and profit together! #ETH在2000关口震荡 #交易CFD送黄金 $BTC