Zhou Yanling: 7.30 Bitcoin Ether today's latest trend prediction analysis and trading strategy

The recent decline in coin prices has clearly been narrowing, and last night there was a rapid short-term crash. After completing the previous inducement rise and fall, it has now broken the lower point of the wedge channel again, so it cannot be ruled out that this could also be an inducement to short, as the coin price is currently near the edge of the trend line. In the short term, Yan Ling will not blindly short directly; the data-intensive period is Thursday and Friday, and today is the day of volatility. At the very least, before pricing starts on Thursday, we cannot rashly look for a decline. If you want to continue the decline, it's simple; just go short aggressively, and the coin price should maintain a rhythm of continuous lower lows. As long as it goes up, it seems like the price is higher and more appropriate, but in reality, it can no longer be shorted.
Currently, from the perspective of technical indicators, the daily chart shows an overall consolidation trend after a high-level pullback. The hourly chart has formed multiple long upper shadows, indicating heavy selling pressure above, while the lows are gradually descending, showing signs of short-term weakness. The technical indicators on the hourly chart, DIF and DEA, are both below the zero axis, with DIF slightly turning upwards, but still not breaking through DEA, indicating bearish strength; on the daily chart, the MACD green bars are shortening, which may indicate a transition into a consolidation and repair phase. The hourly RSI is at 44.19, close to the neutral weak zone, with limited rebound strength; the daily RSI continues to hover in the 40-50 range, indicating insufficient momentum. The hourly EMA7 and EMA30 have crossed and continue to diverge, with the current price constrained by the EMA7 pressure; the daily EMA120 poses some resistance to the price, and while there may be a pullback in the short term, there is still upward potential for the coin price in the larger cycle.
Zhou Yanling 7.30 Bitcoin trading strategy:
1. Short from 119300 to 118500, stop loss above 120500, target 117000 to 116200
2. More than 116100-117000, stop loss above 115000, target 118300-119000
Zhou Yanling 7.30 Ether trading strategy:
1. Buy between 3710-3750, stop loss below 3670, target 3850-3890
2. Short from 3930 to 3890, stop loss above 3970, target 3800-3760.
[The above analysis and strategy 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 are based on Yanling's real-time strategy.]
This article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. He has a solid theoretical foundation and practical experience, excels in combining technical and news-based operations, emphasizes capital management and risk control, and has a stable and decisive trading style, recognized by many investment friends for his easy-going and responsible personality along with sharp and decisive operations. #以太坊十周年#