Recent global economic uncertainty has intensified, and the US dollar index performed the worst in the first half since the 1970s. The market is concerned about the US fiscal deficit, trade agreements, and global trade and geopolitical fluctuations, which also affect safe-haven properties. This week's focus is on Thursday's US June non-farm payroll report, which will influence the Federal Reserve's monetary policy. The market expects a rate cut to restart in September. Trump pressures the Federal Reserve, increasing policy uncertainty. Cryptocurrency prices are driven up by multiple factors, and future trends will also be influenced by employment, inflation, and tariff policies; cryptocurrency enthusiasts should pay attention to these real-time news updates.
From a chart perspective, the daily level shows that prices have closed lower for two consecutive days recently, and yesterday broke below the previous low, forming a large bearish candlestick. Currently, short-term bears dominate. At the hourly level, there is a clear failure to rebound around 106800, with highs gradually declining, and the short-term trend appears to be weakly fluctuating. The technical indicators show that the hourly MACD histogram remains negative, with both DIF and DEA below the zero axis, indicating that the current market is in a weak state. The daily MACD is also operating below the zero axis, indicating enhanced bearish momentum. The hourly RSI is currently around 37, close to the oversold area, but has not entered an extreme zone, still having further downward space; the daily RSI is below 40, overall weak. The hourly EMA7, EMA30, and EMA120 show a bearish arrangement, with prices repeatedly touching EMA7 and then retreating, indicating a downward short-term trend. The daily EMA7 has crossed below EMA30, confirming a mid-term weakening signal. In terms of short-term operations, focus on short rebounds to grasp the rhythm.
Zhou Yanling's 7.2 Bitcoin trading strategy:
1. Short from 107200-106500, stop loss above 108200, target 105300-104600.
2. Long from 104300-105200, stop loss below 103300, target 106000-106800.
Zhou Yanling's 7.2 Ethereum trading strategy:
1. Short from 2470-2440, stop loss above 2510, target near 2370, continue to look downward towards 2280.
2. Light long from 2370-2400, stop loss below 2330, target 2460-2490.
[The above analysis and strategy are for reference only. Please bear the risk yourself. The article review and publication may be delayed, and the strategy may not be timely. Specific operations should follow Yanling's real-time strategies.]
The content of this article is exclusively shared by senior analyst Zhou Yanling.
