Zhou Yanling: 7.1 Bitcoin Ether latest trend prediction analysis and trading strategy today

The market situation needs to be observed in batches; you can't just say the furthest point you can see, as this has no real significance for trading itself. Whether we can look further in this round of decline depends on how far this rebound can go. If it's just a simple upward adjustment, that's fine, and there will still be opportunities to see prices lower than 106000. If the upward cycle is extended or the amplitude exceeds the previous resistance level of 108500, then the bears will have been in vain. As long as the coin price can maintain above 101500, there is always the possibility of breaking new highs. Everyone must be cautious about this and not become complacent due to the recent volatility in the crypto market.
From the perspective of technical indicators, the daily level shows that the recent price has formed a high point around 108000 and has retraced, currently in a volatile downward trend. The hourly level has shown consecutive bearish candles, indicating weak rebound in the short term and overall presenting a weak adjustment. The technical indicators at the hourly level, DIF and DEA, are both below the zero axis, and the histogram remains negative, indicating that bearish momentum is dominant; the daily level MACD has formed a death cross and is diverging downwards, indicating that there is still downward pressure in the medium term. The hourly level RSI hovers around 50, with no obvious overbought or oversold signals, but the direction is weak; the daily RSI has fallen from a high position to around 43, showing a weakening market sentiment. The hourly EMA7, EMA30, and EMA120 are all in a bearish arrangement, with prices repeatedly constrained by the EMA7; the daily EMA7 and EMA30 are about to form a death cross, with the EMA120 support level around 107100.
Zhou Yanling 7.1 Bitcoin trading strategy:
1. Short 108200-107500, stop loss above 109200, target 106800-106000.
2. More than 106000-106700, stop loss below 105000, target 108000-108800.
Zhou Yanling 7.1 Ether trading strategy:
1. Short from 2510 to 2480, stop loss above 2550, target 2410-2380
2. More than 2380-2410, stop loss below 2340, target 2470-2510
The above analysis and strategy are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.
The content of this article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for more than ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other coin circle contracts/spot operations. With a solid theoretical foundation and practical experience, the author excels in combining technical analysis with news analysis, emphasizes capital management and risk control, and has a steady and decisive trading style. The author is recognized by many investment friends for their easy-going and responsible personality as well as their sharp and decisive operations #BTC# .