A couple of days ago when the price dropped, I mentioned that it could be a good time to re-enter long positions, and you had some concerns. So how do you feel now? When you see the clear structural breaks and pressure levels in the coin price, do you still believe it can't rise? Of course, Yanling is not blindly bullish; we have always maintained a bullish view on the overall trend. Bears are more suited for short-term trades. You can verify this by looking at Zhou Yanling's recent articles. In fact, there is another characteristic of the current market: have you noticed that it seems difficult to find the next resistance level? Perhaps using a Fibonacci sequence might help identify the next expected high point, but that is only an expectation. Whether it will actually become a real high point is still too early to determine. However, it is not difficult for the coin price to continue breaking historical highs, and that is beyond doubt. Therefore, Zhou Yanling reiterates: in terms of trading strategy, we still maintain a bullish stance for the long term, with short-term shorts as a supplement.
Technically speaking, the daily chart has formed a long lower shadow bullish candle, indicating strong buying support at lower levels recently. In the 4-hour cycle, the MACD histogram has turned positive, and the DIF line has crossed above the DEA line, showing an increase in bullish momentum. The current RSI value is 64.3, approaching the overbought zone but not yet in the extreme area, indicating that there is still some upward space in the market. The coin price has currently broken above the EMA7, EMA30, and EMA120 moving averages and continues to operate above them, indicating that the short-term, mid-term, and long-term trends are all leaning bullish. Therefore, there is no need for further discussion on trading; just enter long on the dips, focusing on defending the support at the 100,000 round number. As long as it continues to operate above this level in the short term, just stay long.
12.13 Bitcoin Trading Strategy:
1. Long at 100700-101300, stop loss below 100000, target 103000-103600, continue to watch for breaks at 104500 and around 106000.
2. Short at 106000-105400, stop loss above 106600, target 104500-103800.
12.13 Ethereum Trading Strategy:
1. Long at 3800-3850, reserve space for buying at around 3740, stop loss below 3700, target 4050-4100, continue to watch for breaks at around 4280.
2. Short at 4280-4230, stop loss above 4330, target around 4140-4090.