Yueying: 9.12 Bitcoin and Ethereum market analysis today. Auntie has placed too many orders and the short-term is accurate again. Is there still a chance?

Technical analysis of Big Pancake Auntie——Last night's data release ushered in a wave of rebound. Looking at the big pancake daily line, the previous K-line closed positively and was blocked in the upper track area. After rebounding upward during the day, it tested the 60-day moving average again. The Bollinger Bands were flat, and the short-term moving average turned upward. The MACD fast and slow lines crossed upward and extended the volume column and continued to increase. The KDJ was blocked near the 100 value and turned downward. The VR indicator consolidated near the 80 value. Looking at the four-hour chart, the CPI was released last night. The K-line closed with upper and lower needles. It fluctuated upward in the early morning. The morning market rebounded and broke through the upper track and then closed the needle and entered a high-level fluctuation. The Bollinger Bands were open and the short-term moving average was running upward. The MACD fast and slow lines continued to maintain the upward extension of the volume column and turned to shrinking. The KDJ formed a cross and ran downward. The VR indicator consolidated near the 130 value. Overall, the market is bullish, but the resistance around 116,000, as mentioned earlier, should remain a concern in the short term. After a period of stretch, the market needs to adjust. Short-term support is above 113,500. If this resistance is broken, focus on resistance below 118,000. See the short-term recommendations. Short-term recommendations for Bitcoin: long 113,800, short 115,800 (short 117,500). The long position at 4358 mentioned above was precisely touched during the news-driven market shakeout, creating a gap of approximately $200. Recent articles have consistently emphasized the bullish outlook for an upward test, and this breakout above 4500 is within Yueying's expectations. A positive daily close indicates resistance at the narrowing upper Bollinger Band level. Following the four-hour chart close, the market has seen a series of upward fluctuations. With the Bollinger Bands widening, focus on resistance below 4600 in the short term. If a breakout occurs, focus on resistance below 4700. See the short-term recommendations. My short-term recommendation: Buy at 4469, sell at 4580 (or sell at 4668) (Click on the image to view the homepage introduction for more currency analysis) — Text by Zhou Yueying