Zhou Yanling: 12.27 Holiday Demand and Risk Aversion Boost Bitcoin's Short-Term Recovery Potential
Currently, I cannot short Bitcoin at all. After each market opens and fluctuates, the best trading choice is not to bet on a breakout of the fluctuation. There may be one or two instances where it surges directly, but compared to the probability of a regular market, most still undergo normal adjustments. Yanling is not saying to outright deny the bearish trend; if it were truly going to drop, it should have gone down directly in the morning session today. It is a great opportunity to break at the edge of the trend line, yet it has fluctuated until now without any movement. If a rebound exceeds 98,000, then 95,000 will inevitably become a key short-term node again. Additionally, the risk aversion situation has escalated this week, and the demand for the Spring Festival holiday has also limited bearish pressure. Moreover, the Federal Reserve has only reduced the number of rate cuts; it has not ended the rate cut cycle, nor has it started raising rates again. Therefore, the price of cryptocurrencies is still in a bullish outlook in the long term, just with slightly reduced bullish momentum.
Furthermore, if this time it pulls up and breaks through a new high, it will truly preserve this upward trend line, and the subsequent bearish outlook can only be sought at even higher positions. This rebound will also become an adjustment, so one must be fully psychologically prepared and cannot bet everything on one side. On Christmas Eve and Christmas, there was basically no fluctuation in the crypto market, and a doji star was formed directly on the daily chart. This doji star was formed during an already established bearish reversal trend, directly indicating signs that the bearish rhythm is about to end. Therefore, it is certain that there will be a period of upward rebound due to the inertia after Christmas. Careful traders can check the historical price trends of cryptocurrencies after Christmas; it is indeed easy to generate such opening upward behavior. The question is how long it can last.
Zhou Yanling's 12.27 Bitcoin Trading Strategy:
Go long around 95,000, reserving space to add positions near 93,500, with a stop loss of 800 points, targeting 98,000-99,000. If it breaks above 100,000, look for around 101,500.
Short at 99,500-98,500, with a stop loss of 800 points, targeting near 95,000, and continue to look for a breakdown towards around 93,500.
Zhou Yanling's 12.27 Ethereum Trading Strategy:
Go long at 3,250-3,310, reserving space to add positions near 3,200, with a stop loss below 3,150, targeting 3,430-3,470, and continue to look for around 3,540.
Short at 3,500-3,450, with a stop loss above 3,560, targeting 3,400-3,350-3,300.
[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 follow Yanling's real-time strategies.]
This content is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years and currently mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. For more real-time community guidance, consultation on position liquidation, and learning market analysis skills, you can follow the teacher's public account: Zhou Yanling to find the teacher.
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