Zhou Yanling: 1.9 Bitcoin BTC and Ethereum ETH Latest Trend Prediction and Trading Strategy
This pullback is just stuck at the neck; if this pullback is a correction, then it should rise, but it can't seem to move up. I'm already at a loss for words writing this, perhaps it's really brewing for the non-farm payrolls. Based on the depth of the adjustment, at least half of the gains should be given back. Since the rise began on New Year's Day, it has now just given back half. With the non-farm payrolls approaching, it is expected to take a dip to entice shorts, and then the subsequent rhythm will be a continuous rebound. Specifics can wait for further opportunities.
From a technical perspective, the daily chart of Bitcoin shows a continuous price decline recently, forming a clear correction trend, currently in a low-level consolidation phase. The hourly chart has tested support near 90,000 multiple times before rebounding, but there is significant pressure above. The MACD fast and slow lines on the hourly chart are still running below the zero line, with green bars shortening, indicating weakening bearish momentum; the daily MACD continues in a death cross state, with bears in control. The hourly RSI is close to the 50 level, indicating neutral to weak market sentiment; the daily RSI hovers between 40-50, not entering the oversold zone. The hourly EMA7 and EMA30 show a bearish arrangement, with EMA120 far above the current price, indicating a short-term bearish trend. Pay attention to support at 87,000 below and resistance at 93,000 above.
Zhou Yanling's 1.9 Bitcoin Trading Strategy:
Buy at 89,200-90,000, stop loss below 88,200, target 92,200-93,000
Sell at 93,000-92,200, stop loss above 93,800, target 90,000-89,000
Zhou Yanling's 1.9 Ethereum Trading Strategy:
Buy at 3,050-3,090, stop loss below 3,010, target 3,150-3,190
Sell at 3,190-3,150, stop loss above 3,230, target 3,070-3,030
【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.】
This article is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in market investment research in the cryptocurrency space for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. With a solid theoretical foundation and practical experience, he excels in combining technical and news-based operations, focusing on capital management and risk control. His trading style is steady and decisive, recognized by many investment friends for his easygoing and responsible character along with sharp and decisive operations.
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。
