Yueying: 11.12 Bitcoin Ethereum today's market analysis no rise continuation short positions strike again with short-term suggestions

I am Zhou Yueying, and let's see today's sharing!

Bitcoin Technical Analysis————

The Bitcoin daily chart shows that the market is hindered around the middle area, resulting in a large bearish candle that breaks below the 7-day moving average. The intraday opening is slightly fluctuating below the 7-day moving average, and the Bollinger Bands are in an opening state with the short-term moving averages trending downwards. The MACD fast and slow lines are again trending down with decreasing volume, while the KDJ has turned up again, and the VR indicator is consolidating around the 70 value. Looking at the four-hour chart, the market is hindered at the upper band and has continuously dropped below the middle band. The Bollinger Bands are narrowing and flattening, with the short-term moving averages turning down and forming resistance. The MACD fast and slow lines are crossing downwards with an increasing volume, while the KDJ has turned upwards, and the VR indicator is consolidating around the 110 value. Overall, the market has not broken through the daily middle band and continues to return to the previous range. The short-term outlook continues to see range fluctuations. At this stage, the market lacks stimulating positive news, making it difficult to see a strong upward movement, leaning more towards weakness. The key points to watch for the previous lows, once breached, will see Bitcoin at 94000. The short-term resistance to watch is around 105000, while support is around 100500. This is the short-term advice.

Bitcoin short-term suggestion: short positions at 104200, long at 101500 (activate strategy and manage profits yourself)

Auntie's technical analysis————

The daily and 4-hour technical analysis of the auntie is consistent with the big pie, so just refer to it. Currently, the market has returned to the previous range, so continue to reference the range oscillation structure. In the short term, pay attention to the resistance around 3500 and the support around 3300. Treat it based on this range and look at short-term suggestions.

Auntie's short-term suggestion: 3488 short positions, 3350 long (activate the strategy and manage profits yourself)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate with me to learn how to operate! Let's exchange ideas and profit together! #BTC #ETH