Yue Ying: 6.9-10 Bitcoin and Ethereum Market Analysis Is a Major Rebound a Luxury?附 Short-term Suggestions

Bitcoin Technical Analysis ————

Bitcoin daily chart shows the previous K closing around the 7-day moving average, opening with narrow fluctuations and downward movement during the day. The Bollinger Bands are opening downward, with the short-term moving average trending down, MACD's fast and slow lines turning flat, volume bars decreasing, KDJ turning downward with support near the 0 level, and VR indicator consolidating around the 20 level. On the four-hour chart, the market has been repeatedly rejected at the upper band and continues to close bearish downward, currently testing the middle band and support near the 7-day moving average. The Bollinger Bands are turning downward with decreasing volume bars, KDJ turning downward again with support near the 0 level, and VR consolidating around the 80 level. Overall, the market has not broken above the daily chart's 7-day moving average, continuing to carry the risk of further decline. The strategy remains as previously mentioned: in the short term, focus on resistance below the 65,000 level, with support first near the 61,000 level. The market is still mainly oscillating and adjusting in the lower range. Do not expect a strong rally or a big rebound. In the short term, support and resistance are the key points for entry. Here are the short-term suggestions;

Bitcoin short-term suggestion: buy at 61,500, sell at 64,800 (activate strategy with profit, handle at your own discretion)

Yitai Technical Analysis ————

Yitai on the four-hour chart is currently operating around the middle band and the 7-day moving average. If the short-term support is effective, a rebound upward can be expected. The overall technical trend follows Bitcoin's reference. Short-term resistance is around 1,780, support near 1,600. Short-term suggestions:

Yitai short-term suggestion: buy at 1,630, sell at 1,765 (activate strategy with profit, handle at your own discretion)

— I am Zhou Yue Ying, a teacher focused on technical analysis. If anyone has questions about operations or trends, you can learn and exchange ideas with me! Let’s communicate and profit together! $BTC ‌#Strategy低位加仓1550枚BTC