Without the participation of the Americans, the overall trading in the cryptocurrency circle has been light in the past two days. Yesterday, the coin price was basically sideways, and there was no room for operation. It is expected that today will be the same. I have no desire to operate, and I just take a look occasionally.
From the technical indicators on the market, the daily level shows that the price has been fluctuating around 108,000 recently. After a sharp drop in the early stage, there was a small rebound, but the rebound strength was limited. The hourly level is currently forming a trend of falling from a high level. The current closing price is gradually approaching the previous low area, and support may be tested in the short term. The hourly DIF and DEA are both below the zero axis, and the bearish trend is obvious, but the green column is shortened, indicating that the downward momentum is weakened; the daily MACD is still in a dead cross state, and the overall bias is bearish. The hourly RSI value is 44.27, which has not entered the oversold range, but is close to neutral and weak; the daily RSI remains at around 47, and the market sentiment is cautious. The hourly EMA7 has been broken, and the EMA30 and EMA120 are suppressing, and are under pressure in the short term; the daily EMA7, EMA30, and EMA120 are all diverging downward, confirming the medium-term downward trend. In terms of short-term operations, Yanling believes that rebound shorts can be the main focus.
Zhou Yanling's 7.6 Bitcoin operation strategy:
1. Short at 108800-108100, stop loss above 109800, target 107200-106300, continue to go down to around 105300
2. Long at 105300-106000, stop loss below 104200, target 107200-108000
Zhou Yanling's 7.6 Ethereum operation strategy:
1. Short at 2530-2500, stop loss above 2570, target 2420-2380
2. Long at 2360-2400, stop loss below 2320, target 2450-2480
[The above analysis and strategy are for reference only Please bear the risk yourself. The review and release of the article may be delayed and the strategy may not be timely. The specific operation shall be subject to Yanling's real-time strategy.
The content of this article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for more than ten years. At present, he mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other currency circle contracts/spot operations. He has a solid theoretical foundation and practical experience, is good at combining technical and news operations, pays attention to fund management and risk control, and has a steady and decisive operating style. He is recognized by many investment friends for his easy-going and responsible personality and sharp and decisive operations. $BTC $ETH
