I know everyone's mood now, basically they all want to be bullish, whether it is the Trump coin series or other currencies, but they just suffer from the lack of entry position. The reason is not only the shock and callback in the past few days, but also the fact that its price has risen so sharply and achieved a breakthrough, but now it has pulled back and repeatedly pulled up to confuse the vision. It is only a matter of time before it rises. The market's wind direction changes very quickly. Now the rhythm of the market has changed a little. You will find that Bitcoin is sometimes out of touch with Ethereum and Trump coin recently. In addition, the periodic repeated pullbacks and rises, everyone knows that this is a shock squeeze market. Its disadvantage is that you don't know where it can fall specifically, but you are afraid of falling, and you also know that it will fall, which leads to your short orders always being unlucky, always missing or being forced out. Therefore, this market is very technical. Whether you can accurately get the entry and exit points is very critical.

  Currently, Bitcoin is fluctuating around 104,000. The recent high-level shock pattern has many long upper shadows, indicating that the current upper selling pressure is heavy. The daily K-line chart has a clear downward trend in recent days, but the daily trading volume has slightly increased after a sharp drop, indicating that the low position has a certain carrying capacity and may soon usher in a rebound phase. The hourly MACD fast and slow lines are running below the zero axis, and the bar chart shows signs of shortening, indicating that the short-term momentum is weakening and there are signs of a rebound in the short term. The hourly RSI rebounded after approaching the oversold zone and is currently hovering around 40, indicating that market sentiment has eased. The current currency price fluctuates between EMA7 and EMA30, and EMA120 provides support. If it breaks through EMA30, it may rise further. Therefore, in recent operations, Zhou Yanling recommends continuing to focus on buying at low levels.

Zhou Yanling 1.23 Bitcoin operation strategy:

1. Long at 102800-103800, stop loss below 101800, target 105500-107000

2. Short at 106800-105800, stop loss above 107800, target 103600-102500

Zhou Yanling 1.23 Ethereum operation strategy:

1. Long at 3200-3250, stop loss below 3150, target around 3370, continue to break through to around 3450

2. Short at 3440-3390, stop loss above 3500, target 3280-3220

The content of this article is exclusively shared by senior analyst Zhou Yanling $BTC