Zhou Yanling: 1.22 Bitcoin BTC and Ethereum ETH Latest Trend Prediction Analysis and Trading Strategy
After just a few days of no updates, the market has already made a 180-degree turn. It is clear that this wave is aimed at the bulls, leaving many anxious. I reviewed the situation, and Bitcoin has directly broken below the important threshold of 90,000. Therefore, if you are still blindly holding long positions at this point, it is really dangerous. Adapting to the trend and timely changes in operations are crucial; otherwise, disappearing from the market could happen in an instant. This wave of decline has excited many observers, and I can't help but marvel at its power; it has broken the norm. The next two days at the end of the week require caution. If 86,000 is lost, it will only spiral out of control from there. Therefore, bulls must pay attention to the rhythm and not blindly hold positions thinking they can recover, as this time is different.
From a technical perspective, the daily chart for Bitcoin shows a continuous decline in price recently, forming a clear downward trend, with lows consistently moving downwards. After a sharp drop on the hourly chart, there has been slight consolidation, and the current candlestick has a small body, indicating that market sentiment is becoming cautious. The hourly MACD is below the zero line, with both DIF and DEA in negative territory, and DIF is slightly rising, suggesting a potential weak rebound in the short term, but the overall trend remains bearish. The hourly RSI is hovering around 33, close to the oversold zone, indicating a possible technical correction in the short term, but the strength will be limited. The hourly EMA7, EMA30, and EMA120 are in a bearish arrangement, with prices consistently running below all moving averages, indicating that bears are in control. In recent operations, previous high-position short positions can continue to look down, and for newcomers, any rebound opportunities should primarily focus on shorting.
Zhou Yanling's 1.22 Bitcoin Trading Strategy:
Short at 89,300-88,500, stop loss above 90,100, target 87,000-86,100; if it breaks 86,000, continue to look down towards 84,500.
Light long at 86,000-86,800, reserving space for additional purchases around 84,500, stop loss 800 points below, target 88,000-88,800.
Zhou Yanling's 1.22 Ethereum Trading Strategy:
Short at 2,980-2,940, stop loss above 3,020, target 2,810-2,770.
Long at 2,740-2,780, stop loss below 2,700, target 2,880-2,920.
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article's review and publication may have delays, and the strategies may not be timely. Specific operations should follow 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 market investment research in the cryptocurrency space for over ten years, currently focusing on analysis and guidance for BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. With a solid theoretical foundation and practical experience, he excels in combining technical and news-based operations, emphasizing capital management and risk control. His trading style is steady and decisive, recognized by many investment friends for his easygoing and responsible character combined with sharp and 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。
