Zhou Yanling: 6.17 Bitcoin and Ethereum Latest Trend Prediction Analysis and Trading Strategy
Yanling has repeatedly emphasized in previous analyses that the overall bullish trend is still intact. As long as the price remains stable above 93,000, the bullish outlook will remain unchanged. The market reaction on Monday confirmed this; regardless of any key data this week, market sentiment will certainly be influenced by various international news. Price fluctuations will still be very sensitive. There’s nothing wrong with going long, but those who are always thinking about shorting should be cautious. In this kind of market, one can only take small shorts. If you don’t exit your short position in time, you will face being trapped. In a trending market, one should follow the trend and not go against it.
From a technical perspective, the daily chart shows that prices have been rising continuously, forming multiple bullish candles. Yesterday, it also broke through the previous high of 107,784.26, and the recent trend remains strong. On the hourly chart, the price has also been continuously rising. Although there has been a slight pullback in the short term, the overall trend is still upward. The MACD histogram on the hourly chart continues to expand, indicating increased bullish momentum. Both the DIF and DEA on the daily chart are diverging upwards, indicating that the market is in a strong phase. The RSI14 on the hourly chart is at 70.80, entering the overbought zone but showing no signs of weakness; the daily RSI remains at a high level, supporting the current upward trend. The EMA7, EMA30, and EMA120 on the hourly chart are all in a bullish arrangement, providing support for the price in the short term. The EMA7 on the daily chart has quickly crossed above the EMA30, further confirming the upward trend. On Tuesday, Yanling suggests continuing to focus on going long on pullbacks.
Zhou Yanling's 6.17 Bitcoin Trading Strategy:
Go long at 106,400-107,200, with a stop loss below 105,000, and a target of 108,300-109,000, continuing to look for movement towards around 110,000.
Go short at 109,000-108,400, with a stop loss above 110,000, and a target of 107,600-106,800.
Zhou Yanling's 6.17 Ethereum Trading Strategy:
Go long at 2,560-2,600, with a stop loss below 2,500, and a target of 2,710-2,750-2,785.
Go short at 2,770-2,730, with a stop loss above 2,820, and a target of 2,660-2,620.
【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 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, currently mainly analyzing and guiding 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 liquidation, 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。
