Yueying: Bitcoin and Ethereum Market Analysis - August 9th: The trading range remains unchanged; patiently await next week's new structure.

Bitcoin's daily chart shows a doji candlestick pattern, a false breakout above 65,000 followed by a pullback. Intraday trading opened with a narrow range of consolidation at higher levels. The Bollinger Bands are flat, while short-term moving averages are trending upwards. The MACD fast and slow lines are moving upwards with increasing red histogram bars. The KDJ is extending upwards; watch for resistance around 100. The VR indicator is consolidating around 110. On the 4-hour chart, the price found support at the middle Bollinger Band and is slowly rising. The Bollinger Bands are parallel upwards, and short-term moving averages are aligned horizontally. The MACD fast and slow lines are crossing downwards with decreasing green histogram bars. The KDJ is turning upwards; watch for resistance around 50. The VR indicator is consolidating around 130. Overall, the market continues to fluctuate within a small range. Trading was even lighter over the weekend with little change. We'll focus on whether there will be any changes tonight. Technically, continue to focus on the points mentioned before. In the short term, watch for resistance around 66000. If it doesn't break, expect a pullback. On the downside, watch for short-term support around 63800. A break below this level would target the previously mentioned horizontal support around 62000. Use these resistance and support levels as references for short-term entry. See short-term suggestions. Bitcoin short-term suggestion: Short at 65300. (Take profits as needed after strategy activation.) Ethereum is fluctuating narrowly above 1900, with no change in the short-term market structure. The overall technical trend on the daily and four-hour charts can be referenced in conjunction with Bitcoin. Watch for short-term resistance around 1950 and support around 1850. A break below these levels would lead to further adjustments. See short-term suggestions. Ethereum short-term suggestion: Short at 1930. (For more cryptocurrency analysis, click the image to see the homepage introduction and find Yueying.) — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading strategies or market trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!