Zhou Yanling: 7.30 Bitcoin and Ethereum Latest Trend Prediction Analysis and Trading Strategy
The recent decline in coin prices has clearly narrowed, and last night saw a rapid short-term drop. After completing the previous inducement rise and fall, it has now broken below the lower point of the wedge channel, so it cannot be ruled out that this could also be a short inducement action, as the coin price is currently near the edge of the trend line. In the short term, Yanling will not blindly short directly; the data-intensive period is Thursday and Friday, so for today’s fluctuations, at least until the pricing starts on Thursday, one should not rashly look for a bearish trend. If you want to continue the decline, it’s simple; just aggressively short directly, and the coin price should maintain a series of lower lows in this rhythm. As long as it goes up, it may seem like a higher and more suitable price, but in fact, it can no longer be shorted.
Currently, from the perspective of technical indicators, the daily chart shows an overall consolidation trend after a high-level correction. The hourly chart has formed multiple long upper shadows, indicating heavy selling pressure above, while the lows are gradually moving down, showing signs of short-term weakness. The technical indicators on the hourly chart, DIF and DEA, are both below the zero axis, and although DIF has slightly turned upwards, it has not yet broken through DEA, indicating that bearish strength prevails; the daily MACD green bars are shortening, possibly entering a consolidation and repair phase. The hourly RSI is at 44.19, close to the neutral weak area, with limited rebound strength; the daily RSI continues to hover in the 40-50 range, indicating insufficient momentum. The hourly EMA7 and EMA30 have crossed and continue to diverge, with the current price constrained by the EMA7 pressure; the daily EMA120 poses some resistance to the price, suggesting a short-term pullback, but from a larger cycle perspective, there is still upward space for the coin price.
Zhou Yanling's 7.30 Bitcoin Trading Strategy:
Short at 119300-118500, stop loss above 120500, target 117000-116200
Long at 116100-117000, stop loss above 115000, target 118300-119000
Zhou Yanling's 7.30 Ethereum Trading Strategy:
Long at 3710-3750, stop loss below 3670, target 3850-3890
Short at 3930-3890, stop loss above 3970, target 3800-3760
【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, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. He has a solid theoretical foundation and practical experience, excels in combining technical and news-based operations, emphasizes capital management and risk control, and is recognized by many investment friends for his steady and decisive trading style, along with a friendly and responsible personality.
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。
