Zhou Yanling: 7.9 Bitcoin BTC Ethereum ETH Today's Latest Market Trend Analysis

Regardless of whether there is fighting or not, this wave is going to drop. Let's not pull any tricks; friends who have been paying attention to me for a long time should know that Yanling mentioned in an article a few days ago that a rebound near 64000 would definitely go down. There will be a large amount of chips released here. Although it has not yet broken below 61000, it is expected to be just a matter of days. The 4-hour bullish momentum has significantly weakened, and if the support at 61000 is lost, the downside space will open up again. The 1-hour short-term trend has turned bearish, and small rebounds are accompanied by selling pressure, with extremely poor sustainability. During the day, pay close attention to the support situation at 61000 below, and then to 59000. The upper pressure level is still around 64700.

Zhou Yanling 7.9 Big Cake:

1. Short 62800-62000, stop loss above 63600, target 61800-61000, if it breaks below 61000, watch for around 59500

2. Long 61000-61700, reserve space for buying around 59000, stop loss 800 points, target 62300-63000

Zhou Yanling 7.9 Auntie:

1. Short 1770-1740, stop loss above 1800, target 1680-1650

2. Long 1640-1670, stop loss below 1600, target 1710-1740

[The above market analysis is for casual reference only and does not constitute investment advice!]

The content of this article is exclusively shared by senior analyst Zhou Yanling (Public Account: Zhou Yanling 8). 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, etc. in the cryptocurrency contract/spot operations, with solid theoretical foundations and practical experience. He is good at combining technical and news operations, focusing on capital management and risk control. His trading style is stable and decisive, recognized by many investment friends for his easygoing and responsible character combined with sharp and decisive operations.

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