Zhou Yanling: 11.2 Bitcoin BTC Ether ETH today's latest trend prediction analysis and trading strategy

Due to most people being stuck at high positions in the early stages, everyone is now eager for the coin price to rise quickly. Unfortunately, the explanation for the cyclical fluctuations is that it won't return immediately. Even if it doesn't fall again, those who bought in at high positions will be very uncomfortable for a long time. Whether they can hold on is also a big question. Once you can't hold on and lose patience, you will gradually lose your subjective judgment on the coin price. This is what Yan Ling has always said: to truly understand the essence of trading, the first thing is to diversify your attention, rather than staring at the coins in your hands all day asking others if they will go up. The second is that you can feel the recent volatility and trend of the coin price, which will allow you to more intuitively judge whether you should continue to hold the coins in your hands; there is no harm in doing so.
No more nonsense, let's take a look at the technicals as usual. On the daily chart, the price formed a long bullish candle yesterday, indicating that the bullish momentum is gradually rising. On the hourly chart, the recent candlestick pattern shows a fluctuating upward trend, with lows gradually rising and highs continuously reaching new heights. The technical indicator MACD on the hourly chart shows a sustained increase in the red bars, but there are signs of contraction. The fast and slow lines are above the zero axis, indicating weakened momentum but still leaning towards bullish. The hourly RSI is at 57.6, not entering the overbought zone, and market sentiment is neutral to bullish. The current price is above EMA7 and EMA30, with EMA7 > EMA30 > EMA120, showing a clear bullish trend. In the short term, pay attention to the support level at 108500 and the resistance level at 112000. In intraday trading, it is advisable to primarily take long positions while considering short positions at high levels.
Zhou Yanling 11.2 Bitcoin trading strategy:
1. More than 109200-110000, stop loss below 108200, target 111200-112000
2, 112000-111200 Short, stop loss below 113000, target 110500-109500
Zhou Yanling 11.2 Ether trading strategy:
1. Long at 3830-3870, stop loss below 3780, target 3960-4000
2. Short at 4020-3980, stop loss above 4070, target 3900-3860.
【The above analysis and strategy are for reference only. Please bear the risks yourself. The article review and publication may have a delay, and the strategy does not possess timeliness. Specific operations should refer to Yan Ling's real-time strategy】
This content 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 the trading of BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot trading. They possess a solid theoretical foundation and practical experience, excel in combining technical and fundamental analysis, emphasize capital management and risk control, and have a stable and decisive trading style. Their easygoing and responsible personality, along with sharp and decisive operations, has earned them recognition among many investment friends. #抄底币种推荐 $BTC $ETH .