Zhou Yanling: Don't Panic if Long Positions are Trapped at 9.8, the Reversal of the Coin Circle is Coming Next Week
The weekend market is relatively flat, and there has been little change in the market position from yesterday until now. I won't repeat the details of the analysis today. The operational train of thought for today remains the same as my article from yesterday. For specific details, you can refer to my previous article for a detailed explanation (Zhou Yanling: Non-farm Payrolls Expected to be Unexpected on 9.7, Latest Trends and Long Position Unwinding Strategies for Bitcoin and Ethereum next week). Below, I will directly provide today's operational strategies.
9.8 Bitcoin Operational Strategy:
Long at 53800-54300, stop loss below 53300, target 55000-55500, continue to look for a breakthrough towards 56700.
Short at 55500-55000, stop loss above 55900, target 54200-53700.
9.8 Ethereum Operational Strategy:
Long at 2250-2280, stop loss below 2220, target 2370-2420.
Short at 2420-2390, stop loss above 2380, target 2320-2280.
How to Unwind Long Positions:
With the recent bottomless decline in the market, many coin holders have long positions trapped. If you are reading this article and are also trapped, don't panic. Come find Zhou Yanling to unwind. Due to the different situations of each person's trapped positions and the different position points, I cannot provide detailed unwinding plans and unwinding position strategies here. You can follow my public account: Zhou Yanling, send me a screenshot of your position, and I will develop a more specific unwinding strategy for you based on your personal situation to help you unwind and get out of the confusion as soon as possible.
When walking by the river, your shoes will get wet. If you accidentally get trapped, you must extricate yourself in time, rather than sinking deeper. In trading, there are inevitably some places and times that rely on luck, but in the long run, good luck and bad luck will offset each other. To continue for the long term, you must rely on skills and apply good principles. How far a person can go depends on who they are with; how outstanding a person is depends on the friends around them; how much achievement a person can have depends on who guides them. Reading ten thousand books is not as good as traveling ten thousand miles, traveling ten thousand miles is not as good as meeting countless people, and meeting countless people is not as good as being guided by a master.
This article is exclusively created and shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). I have 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 understand more real-time community guidance, unwinding consultations, and chart reading skills, you can follow the public account of the teacher: Zhou Yanling to find the teacher.
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