Yueying: 12.22 Bitcoin Ethereum today's market analysis Early session high false impression resistance continues to look bearish



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Bitcoin Technical Analysis ————

The daily chart for Bitcoin shows that after the weekend's high volatility, the market opened with a surge and then retraced again into adjustment. The Bollinger Bands are flattening, indicating that the short-term moving averages are showing signs of a turn. The MACD fast and slow lines crossed upwards again, with the volume histogram expanding. The KDJ crossed upwards, and the VR indicator is consolidating around the 85 value.

On the four-hour chart, the candlestick continues to oscillate at high levels and is running below the lower band. The Bollinger Bands are in a contracting state, and the short-term moving averages are turning upwards. The MACD fast and slow lines have broken above the 0 axis and are opening upwards with slightly increased volume. The KDJ is running upwards, so pay attention to the resistance around the 100 value. The VR indicator is consolidating around the 150 value.

Overall, after the weekend's high volatility, the indicators currently lean towards bullish. However, since the four-hour Bollinger Bands have not opened, short positions are still worth attempting. If it breaks and stabilizes above the 90,000 mark, then withdraw. Support below should focus on the daily seven-day moving average, with the corresponding price around 87,000, looking at the short term.

Bitcoin short-term: current price 89230 short, 87500 long (strategy activation has room for self-management)

Auntie technical analysis ————

The current resistance level for Ethereum is being tested around the daily middle band. The overall technical aspect is consistent with Bitcoin and can be referenced together. The four-hour Bollinger Bands are also in a contraction phase, so the short-term outlook is also aligned. The support below corresponds to the daily seven-day moving average, which is priced around 2930, so short-term support should be monitored above 2900, focusing on the short term.

Auntie's short line: current price 3035 short, 2930 long (strategy activation has space for self-control)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time. #BTC #ETH
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