Zhou Yanling: 11.30 Bitcoin fell back and adjusted to wait for the bull market. Too many bulls rose and still need to retreat and sort out.
You should all be used to the recent market conditions of the big wash. At present, you can go long or short as much as you can. This is not nonsense, but Yan Ling's intuitive feeling about the current market conditions. In addition, you have to start trading in the morning these days. If you have great concerns in your heart and don't want to go long at a high point, then wait for a callback. It is also a good choice to go long above 94700. Technically, some people may not understand the charts. In fact, it is very simple. There were two big swings yesterday and today, which can also be called inducement to go long and inducement to go short. I don't need to repeat the details. You can see it from the market.
At this time, many people will ask, where is the absolute high point of Bitcoin? Remember what Zhou Yanling said before, Bitcoin will break through the 100,000 integer mark sooner or later, but before that it will definitely encounter resistance and retracement. This process takes time, and now this process is in progress, so the bulls just need to wait patiently. The big trend of bulls has not changed. In the short term, it is necessary to go through a correction to make a short market. So if you don’t want to go long at a high position, but strategically short, you can wait for this wave of correction to be in place before trying again. In the short term, the upper pressure continues to focus on the suppression of the 100,000 integer, and the lower side focuses on the gains and losses of the two bull trend support levels of 94,500 and 91,000.
11.30 Bitcoin operation strategy:
1. Buy at 95400-96000, stop loss below 94900, target around 97500, continue to move up to around 98900
2. Short at 98400-97800, stop loss above 99000, target around 96400
11.30Ether operation strategy:
1. 3730-3690 short, stop loss above 3770, target 3620-3580-3540
2. Buy at 3570-3610, stop loss below 3530, target 3700-3730, continue to move up to around 3850
[The above analysis and strategies are for reference only. Please bear the risks yourself. The review and release of the article may be delayed and the strategy may not be timely. The specific operation shall be based on Yanling’s real-time strategy.]
The content of this article is exclusively shared by senior analyst Zhou Yanling (public account: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years. At present, he mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other currency circle contracts/spot operations. If you need to know more about real-time community guidance, unwinding consultation, and market reading skills learning, you can follow the teacher's public account: Zhou Yanling Find the teacher
