This week, Bitcoin and the US dollar rose together, mainly due to Russia stopping energy supplies to Europe from January 1, which sparked market hedging, causing both Bitcoin and the dollar to rise. However, it is clear that the momentum is lacking, and the longer cycle is still in a fluctuating range. In this kind of market, the main players are also taking a step-by-step approach. When the market has not formed a unified viewpoint, the main players have space to control and squeeze the market. The overall trend is inevitably the result of sustained support from absolute and deep favorable or unfavorable factors. Currently, it is evident that such conditions are not yet in place.

From a technical perspective, the current trend is indeed a bit complicated. Yanling's viewpoint and thinking are that it is certainly correct to be bullish in the medium to long term, but there are uncertainties in the short term. The questions are: when will it rise, where will it rise, and at what pace will it rise? Currently, it will either continue to move within the daily range and remain volatile, or there will be significant and sustained positive stimuli leading to a weekly level increase. If a unidirectional consistent market sentiment cannot be formed, it is difficult to generate a huge unidirectional trend. Next week, Yanling personally believes it is better to maintain a daily level large-range operational mindset. Currently, it is evident that both the daily and 4-hour charts have reached key resistance levels. Whether it can break above 100,000 is crucial for continuing this upward trend. The medium-term outlook is indeed favorable for a direct increase, but currently, it is necessary to wait for the end of this long-cycle adjustment before rising again. Therefore, in the short term, it is better to observe this adjustment rhythm and not to be flustered by temporary excitement.

Weekly Yanling 1.5 Bitcoin trading strategy:

1. Buy at 97100-97800, reserve space to add positions around 96500, stop loss below 96000, target 99000-100000, if it breaks above 100,000, look at around 101,000.

2. Sell at 100000-99300, stop loss above 100800, target 98000-97000.

Weekly Yanling 1.5 Ethereum trading strategy:

1. Buy at 3560-3600, stop loss below 3500, target 3690-3730.

2. Sell at 3730-3690, stop loss above 3770, target 3640-3600.

【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 article's content is exclusively shared by senior analyst Zhou Yanling. If you need to know more about real-time community guidance, consultation for position relief, learning market analysis skills, etc., you can follow the teacher to find the teacher $BTC $ETH .