Zhou Yanling: Latest Analysis and Operation Strategy for Bitcoin and Ethereum Today

The data results are somewhat disappointing, and the current employment market gives me the feeling that it can no longer be described as stable. It is stable but declining. Although the decline is not significant, the trend is somewhat obvious. Let's not talk about whether the non-farm payroll report will be positive today, but rather focus on the overall trend of employment. The slowdown in employer demand has led to a decrease in overall employment growth. Although it has not yet stimulated the Fed's stance on interest rate cuts, it is quite clear that it will happen soon. The significant contraction in non-manufacturing is also the last straw that crushes GDP growth. The simultaneous decline in manufacturing and service industries, along with the slowdown in employment, means that consumers will also reduce spending, leading to a decline in demand. This will also help maintain a steady decline in inflation levels. It seems that the Fed's high interest rates may not be sustainable for much longer. This reheated dish has finally reached the table after two years.

Can the coin price rebound? In fact, we don't need to focus too much on the interest rate cut. Whether it has hit bottom or not, if we only look at the short-term trend, Yanling believes that there is no sign of it yet. I even think that it will continue to decline in July. But you need to understand, what is the current state of the coin price? It is obviously weak. If it is just a regular oscillation and decline, then there wouldn't have been only a 4000-point space yesterday. It's even possible to experience a roller coaster. Have there been few roller coasters in the recent market? But if it can eventually rebound to a high point and close, it means that the bullish sentiment is still very high. There are too many people hoping for it to rise because many people think that the current position is very low and the location is very good. But the fact is that it is once again harvested by the bears. If you take yourself out as an observer and then look at the market, you will find that there is still a lot of space below the daily line. Therefore, in the near term, shorting is the best choice for profit over risk, no matter what.

Bitcoin Operation Strategy on July 5th:

1. Short at 59100-58700, stop loss above 59500, target near 57800, continue to break through and look at around 57000
2. Long at 57000-57400, stop loss below 56500, target 58700-59200, continue to rise and look at around 60400

Ethereum Operation Strategy on July 5th:

1. Long at 3090-3120, stop loss below 3050, target 3210-3250
2. Short at 3250-3210, stop loss above 3290, target 3090-3050

[The above analysis and strategies are for reference only. Please bear the risks on your own. The article's review and publication may have delayed strategies and lack timeliness. Please refer to Yanling's real-time strategy for specific operations.]

This article is exclusively authored and shared by senior analyst Zhou Yanling (WeChat: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years, mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other coin circle contract/spot operations. If you need to learn more about real-time community guidance, consultation on getting out of trouble, or learning chart reading skills, you can follow the teacher's official account "Zhou Yanling" to find the teacher.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。