Zhou Yanling: Latest Trend Prediction and Trading Strategy for Bitcoin and Ethereum on July 25
I actually strongly advise against attributing the recent drop in prices over the past few days to trade negotiation progress. Constantly mentioning these things can lead to mistakes. Yanling wants to ask, do you know what the progress is? Previously, when prices were rising, it was said that negotiations were not going well, so don’t you think this is a useless theory and fundamental analysis? It can be a topic for joking with friends, but if it's used as a basis for trading, then it's better to avoid it. Setting that aside, from a technical perspective, a pullback was already expected; there’s no market that only goes up without any drops. Additionally, there’s also a hint of raising prices to sell off. You see, every time it can take off from around 3500 and fall near 3800, such a coincidental range doesn’t need further thought, right? However, a phase of pullback does not mean the bullish trend is over, so don’t just follow what others say; just do what you normally would.
From the current technical perspective, Ethereum has just quickly surged to around 3770, immediately bringing some bullish momentum. The daily line has recently formed a bullish candle with a long lower shadow, indicating strong buying support at lower levels. After a series of increases on the hourly chart, a pullback is currently occurring, and it is in a high-level consolidation phase, which may face pressure in the short term. In the MACD technical indicator on the hourly chart, the DIF and DEA are gradually approaching the zero axis, and the momentum bars are shrinking, indicating a weakening of bullish strength, but it has not completely turned bearish. The RSI on the hourly chart is at 60.24, close to the overbought area but not yet entered, suggesting a potential need for adjustment in the short term. In the EMA on the hourly chart, EMA7 > EMA30 > EMA120, the moving averages show a bullish arrangement, indicating that the short-term trend will lean towards upward movement.
Zhou Yanling's Trading Strategy for Ethereum on July 25:
Buy at 3630-3660, stop loss below 3590, target 3750-3800
Sell at 3840-3800, stop loss above 3880, target 3680-3640
Zhou Yanling's Trading Strategy for Bitcoin on July 25:
Buy at 117000-117600, stop loss below 116000, target 119000-120000
Sell at 121000-120000, stop loss above 122000, target 118000-117300
【The above analysis and strategies are for reference only. Please bear the risk 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. The author has a solid theoretical foundation and practical experience, excels in combining technical and news-based operations, emphasizes capital management and risk control, and has a stable and decisive trading style, recognized by many investment friends for a friendly and responsible character combined with sharp and decisive operations.
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