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Yueying: 7.31 Bitcoin Ethereum today's market analysis long order realization ETH daily chart shrinking pump still going up?
I am Zhou Yueying, and let's see today's sharing!
Bitcoin ETH Technical Analysis ————
The Bitcoin long order has moved out of a space of over 2000 dollars. Looking at the daily chart, the previous candlestick closed with a lower shadow and a bearish candle. The intraday opening rebounded upwards for a test, the Bollinger Bands are narrowing and flat, while the short-term moving averages are operating around the middle track. The MACD fast and slow lines are moving downwards with decreasing volume, and the KDJ is rising again. The VR indicator is consolidating around the value of 120. In the 4-hour chart, the market briefly broke through the lower track but quickly recovered and rebounded with consecutive bullish candles towards the upper track for a test. The Bollinger Bands are in a narrowing state, and the short-term moving averages continue to revolve around the middle track. The MACD fast and slow lines crossed upwards below the 0 axis, with the volume turning red and increasing. The KDJ crossed upwards, paying attention to the resistance near the value of 100, and the VR indicator is consolidating around the value of 80. Overall, the market is influenced by news, experiencing a downward spike and then quickly recovering, briefly shaking before returning to the previous range. This wave of Bitcoin's range fluctuation has been maintained for more than half a month. Intraday short-term trading continues to treat the Bollinger Bands' upper and lower tracks on the 4-hour chart, waiting for a change in the market before adjusting based on the new structure. Looking at the short-term.
Bitcoin short-term: 119600 short order, 116800 long order (strategy activated, space for self-adjustment)
ETH Technical Analysis————
ETH has created a space of over 100 dollars on the long order mentioned above. The daily chart shows the market once again standing above the 7-day moving average. The 4-hour chart indicates that the Bollinger Bands have flattened. The short-term resistance above focuses on the break of the previous high near the upper band; if it breaks, pay attention to the resistance below 4000. The support below continues to focus on the area above 3700, looking at the short term.
ETH short-term: 3905 short (3970 short), 3768 long (strategy activation has space to manage on your own)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn to operate with me! See you next time.