Zhou Yanling: 1.23 Bitcoin BTC and Ethereum ETH Latest Trend Prediction Analysis and Trading Strategy
The recent market has a very obvious characteristic: the structure is a one-sided move followed by consolidation. As long as the trend does not undergo a structural change, any rebound during a downtrend is an opportunity, brief yet beautiful, so cherish it! Just like when the market was in a one-sided bullish phase, every consolidation and pullback was an opportunity. Compared to the rising phase that started during the New Year, the current coin price feels like an ex who has changed their mind; once they turn away, it's hard to look back. At such times, it's important to give the market some time. As traders, waiting and observing is often more prudent, especially during this period of consolidation below 90,000 after a significant drop. This can be seen as the bears not having finished their move, possibly leading to a second dip, or it can be viewed as the bulls building a bottom, requiring a process of repeated testing. Therefore, moving forward, one should not look for a one-sided direction but rather manage positions with a mindset of consolidation.
From a technical indicator perspective, Bitcoin's daily chart has recently experienced a significant drop but is gradually stabilizing and showing a slight rebound, although it remains in a consolidation phase overall. The hourly chart shows a high-level consolidation trend, with the current price close to previous swing lows, which may test support in the short term. The hourly MACD histogram has turned positive but with weak momentum, and both DIF and DEA remain below the zero axis, indicating that the bullish and bearish forces are not yet clear; the daily MACD shows a recovery state with weakening momentum. The hourly RSI is at 48.9, in a neutral zone, with no obvious overbought or oversold signals; the daily RSI remains around 50, indicating cautious market sentiment. The hourly EMA7 and EMA30 are converging, with prices oscillating around the moving averages, while the EMA120 is far from the current price, making the trend direction unclear; the daily EMA7 and EMA30 are diverging downwards, with clear resistance above from the EMA120. Therefore, at the end of the week, the strategy should still focus on short positions, aiming for short-term entries and exits, as the position is getting lower, and it is not advisable to hold short positions downwards like in previous days. Attention should be paid to the potential for a trend reversal in the future.
Zhou Yanling's 1.23 Bitcoin Trading Strategy:
Short at 90500-89700, stop loss above 91300, target 88700-87700
Long at 87500-88300, stop loss below 86700, target 89700-90500
Zhou Yanling's 1.23 Ethereum Trading Strategy:
Short at 3000-2970, stop loss above 3030, target 2900-2870
Long at 2860-2890, stop loss below 2830, target 2950-2990
【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.】
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, the author excels in combining technical and news-based operations, emphasizing capital management and risk control. The trading style is steady and decisive, recognized by many investors for a friendly 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。
