Zhou Yanling: 2.17 Bitcoin and Ethereum Latest Trend Prediction Analysis and Trading Strategy
Recently, the ceasefire situation between Russia and Ukraine has become increasingly clear, coupled with the latest announcement of a significant rise in U.S. inflation, leading to a substantial cooling of market expectations for a Federal Reserve interest rate cut. This is also an important reason for the recent stagnation in cryptocurrency prices. Regarding next week’s outlook, as mentioned in yesterday's article, Yanling also stated that in the short term, we should wait for the pullback to complete, while maintaining a bullish outlook on prices in the long term. Therefore, what we need to do now is to wait for the right opportunity. If you can't help but want to trade, then continue to follow the short-term fluctuation strategy mentioned by Yanling.
From the current technical perspective, the daily candlestick chart shows a long upper shadow, indicating significant selling pressure above. The hourly MACD is below the zero line, with both DIF and DEA in negative territory, showing that bearish forces are dominant, but there are signs of convergence. The RSI14 is hovering around 40, close to the oversold area, indicating a potential rebound demand in the short term. The current price is above the EMA7 but below the EMA30 and EMA120, suggesting a weak short-term trend, while the medium to long-term still needs to observe whether it can stabilize above the EMA30. In terms of trading volume, the recent market has been stagnant with little fluctuation, and the hourly trading volume has not varied much, reflecting a strong wait-and-see sentiment in the market; daily trading volume has also decreased, indicating a temporary stalemate between bulls and bears. Therefore, the short-term trading strategy should continue to treat the market as a range-bound situation.
Zhou Yanling 2.17 Bitcoin Trading Strategy:
Short at 98000-97500, stop loss above 98600, target 95600-95000, continue to look for a downward move towards around 94000.
Long at 95200-95800, stop loss below 94600, target 97000-97600.
Zhou Yanling 2.17 Ethereum Trading Strategy:
Short at 2740-2700, stop loss above 2780, target 2580-2540, continue to look for a downward move towards around 2440.
Long at 2540-2575, stop loss below 2500, target 2680-2730.
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.】
This article 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 contracts/spot operations. For more real-time community guidance, consultation on position recovery, and learning trading skills, you can follow the teacher's public 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。
