Zhou Yanling: 5.17 Bitcoin BTC and Ethereum ETH Latest Trend Forecast Analysis and Trading Strategy
78000 has been broken, this is awkward, my long positions are still being held, but there is no need to worry too much, my entry position is light, leaving enough room for second or third round averaging down. Fans who have been following me for a long time know this habit, so everyone should definitely control their position reasonably when trading at any time, and never operate with heavy positions. This round of correction has made the daily bullish base somewhat precarious, and it seems to be entering a deep correction phase, with bearish momentum continuously strong, and indicators clearly weakening. The upper pressure zone of 79500-80000 is extremely strong, while 77000 is the last lifeline of this wave. Once it is breached, the medium-term trend will directly weaken, and the risk will continue to expand, easily reaching around 75000 or even 73700. The 4-hour chart has also entered a bearish downward channel, with high points continuously declining, and moving averages suppressing the market throughout, with all rebounds being false signals. In the short term, 78800-79500 is the ceiling; if it cannot break through, it will continue to explore downwards. The 1-hour chart shows a weak grinding action after an oversold condition; although there is slight recovery, the rebound energy is particularly weak, and if it reaches 78500-78800, it is likely to face pressure and fall back, with an overall short bias. For the bulls, as long as 77000 is maintained, there is still a chance for a rebound through volatility, but if it falls below, one should trade cautiously. At this stage, it is advisable to watch more and act less, without blind operations, and strictly manage stop-losses and control positions.
Zhou Yanling 5.17 Bitcoin Trading Strategy:
1. Sell at 79200-78400, with a stop loss above 80000, targeting 77800-77000, continue to look for a break below to around 75000.
2. Buy at 77000-77800, leaving space for averaging near 75000, stop loss at 800 points, targeting 78500-79300.
Zhou Yanling 5.17 Ethereum Trading Strategy:
1. Sell at 2230-2200, with a stop loss above 2260, targeting 2130-2100, continue to look for a low at 2060-2030.
2. Buy at 2100-2130, leaving space for averaging near 2050, stop loss at 30 points, targeting 2190-2220.
[The above analysis and strategies are for reference only, risks are borne by the user. The article may have delayed strategies that lack timeliness, and specific operations are subject to Yanling's real-time strategies.]
This content is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in cryptocurrency 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. The author has a solid theoretical foundation and practical experience, excels in operations combining technical and news analysis, emphasizes capital management and risk control, and is recognized by many investment friends for a stable and decisive trading style, along with a friendly and responsible character and sharp, 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。
