Yueying: 11.22 Bitcoin and Ethereum Daily Market Analysis - ETH Long at 2630 Cashed In Accurately, Plus Weekend Brief - Check Out Today’s Insights!

BTC Technical Analysis ————

On the daily chart, after yesterday's candle closed with an oversold wick, today opened with a slight rebound before heading back down. The Bollinger Bands are trending downward, short-term moving averages remain in a bearish arrangement, MACD fast and slow lines are extending downward with volume bars increasing again, KDJ is turning upward, the VR indicator is consolidating near 40, and RSI is running downward in the oversold region. On the 4-hour chart, after breaking below the lower band, price recovered upward to test resistance, then faced renewed downward consolidation. The Bollinger Bands are narrowing with a bearish tilt, short-term moving averages are turning, MACD lines have flattened after turning, volume is decreasing, KDJ is crossing upward, and the VR indicator is consolidating near 60. Overall, yesterday’s price action was in line with Yueying’s previous expectations. The previous post highlighted potential for an accelerated move, and the drop exceeded expectations with a wick around 81100 followed by a rebound. According to recent indicators, the market remains weak, but some correction is needed. For the weekend, short-term range-bound movement is expected. Watch for resistance around 86000 above, and support around 81800 below. Refer to the short-term recommendations.

BTC Short-term Suggestions: Short at 85200, Long at 82500 (If the strategy is triggered and profitable, manage accordingly.)

ETH Technical Analysis ————

The previous short-term ETH strategy captured the rebound perfectly, with a recommended long at 2630. Price rebounded from around 2620 to 2805, covering about 170 points—an excellent short-term bottom catch. The overall technicals are linked to BTC, so you can use that as reference. For the weekend, watch for a consolidation range between 2800-2650; if this range breaks, reassess. Refer to the short-term suggestions. (PS: If the lower range breaks, refer to the second long position mentioned above.)

ETH Short-term Suggestions: Long at 2658, Short at 2788 (If the strategy is triggered and profitable, manage accordingly.)

——I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about trades or market trends, feel free to discuss and learn with me! Let’s communicate and profit together! #BTC #ETH