Zhou Yanling: 6.1 Bitcoin and Ethereum Latest Trend Prediction and Trading Strategy
In terms of news, on May 29, Trump met with Federal Reserve Chairman Powell at the White House, marking their first meeting since Trump returned to the White House. Trump urged the Federal Reserve to cut interest rates, while Powell insisted on independently formulating monetary policy. The Federal Reserve stated that Powell did not discuss monetary policy expectations and emphasized that the policy path depends on economic information and outlook. The market is sensitive to changes in Federal Reserve policy, with current expectations for a 25 basis point rate cut in July at about 27%, which may increase due to pressure from Trump and other factors. On May 30, Trump announced that the import tariff on steel would be raised from 25% to 50%, effective June 4. At the same time, he made speeches regarding tariffs targeting other countries. This week, the tariff situation experienced a suspension of execution followed by an appeal to restore execution, and the tariff crisis continues, which may further impact the market and increase risk aversion, theoretically benefiting the rise in cryptocurrency prices.
On Friday, although the cryptocurrency price experienced a pullback, compared to the declines of the previous two days, the current downward momentum is not strong. From a technical perspective, there is significant pressure on the upside, and the short-term pattern shows top characteristics. However, risks brought about by tariffs and other unexpected events may elevate market risk aversion at any time. Therefore, Yanling reminds that one should be cautious of unexpected surges. The cryptocurrency price has been fluctuating slightly within the range of 103,000-105,000 over the past two days, showing signs of stabilization after a significant decline earlier. The hourly chart has formed a series of small bullish candles, indicating a rebound trend in the short term, but the pressure above is heavy, making it difficult to break through immediately; the DIF and DEA on the hourly chart are gradually converging, and the histogram has turned from green to red, indicating a strengthening of short-term bullish momentum; the daily chart remains in a bearish zone, and attention should be paid to whether a further golden cross occurs. The hourly RSI is at 55.10, in the neutral to strong area, showing that short-term upward momentum still exists; the daily RSI is at 53.93, close to the midline, indicating a balanced market sentiment. The hourly EMA7 (104,463.72) has broken through EMA30 (104,461.09), showing a bullish arrangement of short-term moving averages; however, EMA120 (106,025.26) is far above the current price, indicating a continued bearish long-term trend.
Zhou Yanling's 6.1 Bitcoin Trading Strategy:
Short at 106,000-105,300, stop loss above 107,000, target 104,000-103,200, continue to look for a decline near 102,000.
Long at 101,600-102,500, stop loss below 100,500, target 103,800-104,600.
Zhou Yanling's 6.1 Ethereum Trading Strategy:
Short at 2,590-2,550, stop loss above 2,650, target 2,450-2,405, continue to look for a decline near 2,320.
Long at 2,400-2,440, stop loss below 2,350, target 2,510-2,560.
[The above analysis and strategies 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 (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years and currently mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. For more real-time community guidance, consultation on position recovery, and learning trading skills, you can follow the teacher's public account: Zhou Yanling to find the teacher.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
