Why do cryptocurrency prices rise and fall, but can we blame A-Chuan for this? What's the use of saying such things? Whether to increase or decrease taxes completely depends on A-Chuan's mood, or whether the EU has compromised in certain areas. You can't guess whether there will be retaliation or not, so at this time, it’s better to look closely at the technical trends for judgment, and don’t overly bet the ups and downs on the development of tax increase situations. Also, this Thursday, GDP and PCE data will be announced, such sensitive wave signals are expected to provide a relatively intuitive result.
From a technical perspective, on the daily chart, the cryptocurrency price is currently oscillating within the range of 109000-110500. The recent high has not broken through the previous high, showing a short-term consolidation pattern. On the hourly chart, there are multiple long upper and lower shadow candlesticks, indicating a divergence in the market, with long and short forces in a stalemate. Technical indicators on the hourly chart, DIF and DEA are both moving downwards, and the histogram has turned from positive to negative, indicating weakened momentum; the daily chart is still above the zero axis, but the red bars are shortening, suggesting that the trend may face adjustment. The hourly RSI has fallen back from the overbought area to around 54, showing a decline in upward momentum; the daily RSI remains in the neutral to strong area (around 67), and the overall trend has not yet completely changed; the hourly price has broken below the EMA7 and is testing EMA30, short-term support needs to focus on EMA30; the daily price is still above EMA7, and the medium to long-term bullish trend remains good. In summary, Yanling's opinion remains unchanged, primarily bullish in the long term, with short-term adjustments focusing on short positions.
Weekly Yanling 5.27 Bitcoin operation strategy:
1. Buy in the range of 107500-108300, stop loss below 106500, target 109500-110500, continue to look upward towards 111500.
2. Sell in the range of 111500-110600, stop loss above 112500, target 109500-108600.
Weekly Yanling 5.27 Ethereum operation strategy:
1. Sell in the range of 2610-2570, stop loss above 2650, target around 2450, continue to look downward towards around 2360.
2. Buy in the range of 2450-2490, stop loss below 2400, target 2560-2600.
[The above analysis and strategies are for reference only; please bear the risk yourself. The article's review and publication may have delays, and the strategies may not be timely. Specific operations should refer to Yanling's real-time strategies.]
The content of this article is exclusively shared by senior analyst Zhou Yanling. For more real-time community guidance, rescue consultations, or learning trading skills, you can follow the teacher’s official account to find teacher $BTC $ETH .
