You have many words, believe in yourself

I advise you not to try to touch the top for no reason. Even if you want to short, you can't do it at the position where it happened. It is easy to go down after being liquidated. For example, near 93300 the day before, if you grab the opportunity, you can at least make a profit of thousands of US dollars. However, no one can be sure of the unknown high point. Although the profit from falling is faster than that from rising, after the changes in the past two days, it is best not to make such an attempt now. The current trend is to fall back and go long. Don't look at any shadow top or any structural top. They are all useless. Master a core force: rebound! Then you will be invincible in this short-term and medium-term market, because the current market has reached what Yan Ling said before, and the correction will start to rise when it is in place. But if you chase the rise, remember not to get too excited and bring the stop loss.
From a technical perspective, Bitcoin is currently in a strong adjustment phase after a low rebound. The daily MACD is still in the bullish zone, but the red column is shortened. We need to be alert to the risk of a callback. A convergent triangle or box-shaped oscillation pattern may be formed. If the 4-hour chart continues to show a convergent triangle or a horizontal box, the short-term fluctuation range will narrow and it will fall into an oscillation adjustment again. The hourly MACD is below the zero axis, but there are signs of upward convergence. There may be a continued rebound in the short term. The hourly RSI is close to the overbought zone and will face adjustments in the short term. The current price is above EMA7, indicating that the short-term trend is still bullish; but the distance from EMA30 and EMA120 is large. If it cannot continue to break through, it may fall back to test the support level.

(PS: I had a hand strain yesterday. Typing is difficult, so I stopped updating for a day, sorry to keep you waiting)

Zhou Yanling 2.21 Bitcoin operation strategy:

1. Long at 96800-97400, stop loss below 96000, target 98300-99000, continue to move up to around 100,000

2. Short at 99100-98500, reserve space for replenishment near 100000, stop loss above 100800, target Target 97700-97100


Zhou Yanling 2.21 Ethereum operation strategy:


1. Long at 2680-2720, stop loss below 2640, target 2800-2850, continue to move up to around 2900


2. Short at 2860-2810, stop loss above 2900, target 2730-2690$BTC $ETH