• Title:

• Zhou Yanling: Beware of Market Volatility on Black Friday, Latest Operation Strategy Released Today

• Content:

• It must be repeated that even if you have a strong bearish outlook at the moment, you should hold back, because the coin price does not reflect all the bearish fundamentals. As a retail investor, there are only two tools for analysis, either technical or data. If neither of these is effective, pursuing a bearish trend will only be stubborn. If Bitcoin is really going to turn downwards, why care about the current price space of one or two thousand points?

• Yanling had practical experience near 73000, and at that time, the drop of over $10,000 to 62000 felt great. The feeling of being superior, wanting to tell everyone that he had a short position at 73000, was further strengthened by the news and data at that time. This kind of effort will eventually pay off, a feeling that the bears will not understand. Fortunately, he stopped in time and did not become too arrogant. Otherwise, it would have been easy to be overly pleased with the short position. All these historical experiences tell us that the market will not always be in one direction. When the time is not right, you need to wait patiently for the opportunity. It is not advisable to take the initiative. Just like the current coin price, hovering around 71000, many people are also hesitating, not knowing the direction. So what we need to do now is wait for the market to break through and follow the trend. At the moment, the most important positions for Bitcoin are 72000 resistance and 68000 support. It depends on which one breaks through first. Then retail investors just need to follow the trend. If you can't resist the urge to enter the market, then short-term trading within this range is also feasible, but be careful not to be greedy and not to hold the position for too long, otherwise, it is easy to get trapped.

• Bitcoin's short-term operation strategy on 4.12:

  1. Short at 71200-70900, stop loss at 300 points, target 70200-69800-69500
  2. Long at 69600-69900, stop loss at 300 points, target 70500-70800-71100

• [The above analysis and strategies are for reference only. Please bear the risks on your own. The article's review and release may lag behind, so the strategies may not be timely. Please refer to Yanling's real-time strategy for specific operations.]

• Image Description:

• The first image is a chart.

• The second image is a photo of the analyst, Zhou Yanling.

• Analyst's Information:

• The content is exclusively shared by senior analyst Zhou Yanling (WeChat: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years, mainly analyzing and guiding operations in the coin circle contracts/spots such as BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, with solid theoretical foundation and practical experience. Proficient in technical and fundamental analysis, emphasizing fund management and risk control, with a steady and decisive operating style. Widely recognized by investment friends for his amiable and responsible character and decisive operations. For more real-time investment strategies, trading techniques, operational skills, and knowledge of candlesticks, you can follow the teacher (WeChat: Zhou Yanling).

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