Yueying: Bitcoin and Ethereum Market Analysis Today, Retracement Adjustment Ends, Continue to Rise? Short-term Strategy Attached

The daily chart of Bitcoin showed a false break below 83000 with a pin bar and then rebounded. The opening of the day continued with a small rebound around the 7-day moving average, followed by a consolidation adjustment. The Bollinger Bands are open, with short-term moving averages arranged upwards. The MACD lines are slightly parallel with decreasing volume, and the KDJ is moving downwards, paying attention to the support near the 50 value. The VR indicator is consolidating around the 100 value. On the four-hour chart, the price is under pressure from the middle band, oscillating narrowly below it, currently around 84000. The Bollinger Bands are downward, with short-term moving averages slightly upward. The MACD lines are moving downward with continuous volume contraction, and the KDJ is extending upwards, paying attention to the resistance near the 100 value. The VR indicator is consolidating around the 140 value. Overall, the price has not continued to fall after the support, but has rebounded with a pin bar, showing signs of stabilization. It is a consolidation phase after an increase, and the bullish structure is temporarily preserved. Wait for the consolidation to end before taking further actions. The short-term resistance is around 85000. A breakthrough can continue to challenge the previous high. The support is around 82800. For the short term, continue to focus on retracement longs, and look for short-term advice; Short-term Bitcoin advice: Go long at 83600. (Profit is self-managed once the strategy is activated.) Yitai's technical analysis is referenced to Bitcoin. Currently, it is in a high-level oscillation phase. Although the upward momentum has weakened, the support is effective, and it is a consolidation and washing phase. Observe more, and if the short-term resistance of 2700 is broken, it will continue. Pay attention to the support around 2600 for the short term; Short-term Yitai advice: Go long at 2645. (For more coin analysis, click on the image to find Yueying's introduction on the homepage.) I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about operations or trends, feel free to communicate and learn together! Let's exchange ideas and gain profits together!