Zhou Yanling: 8.8 Today's Bitcoin and Ethereum Latest Trend Prediction Analysis and Trading Strategy

This recent rise is not as straightforward as the last one; it has taken a two-phase approach of bottoming out and confirmation. Although the speed is somewhat exaggerated, it ultimately remains constrained by the pressure near the top of the channel. Yanling still holds the same view: a rise is a rise, but whether it leads to a bull market surge without looking back is another matter. Until the price that indicates a downturn is reached, I will continue to take long profits. However, the current high point around 118,000 can also be seen as a short-term bearish adjustment. During the high-level adjustment phase, you should have all seen the large bearish candle in the Asian session, right? In fact, this has happened several times this year; it is a typical bear comfort, which is really of no use and does not serve as a reversal signal. Therefore, I will not change my trading expectation for the price of the coin to rise to 120,000 because of this action; I will just regard it as a small adjustment.

Currently, from the market trend, yesterday's daily line formed a long upper shadow bullish candle, with heavy selling pressure above. Today is a bearish candle correction, and the price has not broken through the previous high. The hourly line has recently shown a fluctuating downward trend, with high points gradually decreasing and low points also continuously moving down. Technical indicators on the hourly line, DIF and DEA, are both diverging downwards, with green bars expanding, indicating a short-term bearish advantage; the daily line is still above the zero axis, but bullish momentum is weakening. The hourly RSI has fallen from the overbought zone (above 70) and is currently around 55, showing weakness in the rise; the daily RSI has dropped from 65 to 55, indicating a weak trend. The hourly price has fallen below EMA7 and is approaching EMA30; the daily price is still running below EMA7, showing clear short-term pressure, but the long-term trend remains bullish.

Zhou Yanling 8.8 Bitcoin Trading Strategy:

1. Long at 115500-116200, stop loss below 114500, target 118000-119000

2. Short at 119200-118400, stop loss above 120000, target 117000-116000

Zhou Yanling 8.8 Ethereum Trading Strategy:

1. Long at 3820-3860, stop loss below 3780, target 3960-4000

2. Short at 4040-4000, stop loss above 4080, target 3900-3860

【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. 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 his easygoing and responsible character.

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。