Zhou Yanling: 9.4 Bitcoin BTC Ether ETH latest trend prediction analysis and trading strategy
The recent market has been fluctuating up and down repeatedly, so every time you make a profit, you must take it in time. Otherwise, the market will quickly return to its original position, and you will have done the trade for nothing. Just look at yesterday's market trend; it has turned but hasn't significantly expanded its gains yet, and there hasn't been any major pullback. It's simple; it is expected to start a strong rally again, so from now on, whenever there is an accelerated rebound in the market, once it reaches a key resistance level, Yanling will look for opportunities to see a pullback. This isn't about going against the trend; everyone is bullish, so you need to be careful. Before any major drop or adjustment occurs, either there is ample capital to test the peak, or you take small amounts to experiment. There will be plenty of opportunities.
From a technical perspective, the Bitcoin daily chart shows that the price has been rising continuously recently, forming multiple bullish candles. Yesterday, it broke through the previous high around the resistance level of 112000, currently presenting a strong upward attack pattern. On the hourly chart, there is significant selling pressure around 112500, with the highs pulling back and gradually consolidating, but overall it remains in an upward trend. The MACD indicator on the hourly chart continues to show increasing red bars, with both DIF and DEA diverging upwards, indicating that bullish momentum is dominant in the short term; however, the daily MACD has entered a relatively high zone, necessitating attention to potential divergence signals. The RSI on the hourly chart remains above 65, approaching the overbought zone, indicating a risk of a short-term pullback; the daily RSI value is 62, not yet in an extreme overbought state, suggesting that the trend remains healthy. The EMA on the hourly chart shows a bullish arrangement for the 7, 30, and 120 moving averages, with the price running along the EMA7, providing effective support; after the daily EMA7 and EMA30 formed a golden cross, they continue to expand upwards, while the EMA120 is far below the current price, indicating a long-term bullish trend.
Zhou Yanling 9.4 Bitcoin trading strategy:
1. Short from 113600-112700, stop loss above 114500, target 112000-111200
2. More than 111000-111700, stop loss below 110000, target 113000-113700
Zhou Yanling 9.4 Ether trading strategy:
1. Short 4520-4480, stop loss above 4560, target 4410-4360
2. Buy between 4350-4390, stop loss below 4300, target 4480-4520.
[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. Please refer to Yanling's real-time strategies for specific operations.]
The content of this article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for over ten years and currently mainly analyzes and guides the trading of BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. They have a solid theoretical foundation and practical experience, excel in a combination of technical analysis and news-based operations, and emphasize capital management and risk control. Their trading style is steady and decisive, recognized by many investment friends for their easy-going and responsible personality along with sharp and decisive operations. #九月份加密市场能否突破#