Zhou Yanling: 8.25 Bit BTC Ether ETH today's latest trend prediction analysis and trading strategy

Last week, Fed Chairman Powell's dovish remarks ended the market's sluggish trend, with his hint at a possible rate cut in September prompting a preemptive reaction in the financial markets — the dollar plummeted, while cryptocurrencies and U.S. stocks surged. This marks the first sign of a rate cut this year after last year's reductions, something the market has long anticipated. In fact, there are two core factors driving this round of increase: first, the probability of a Fed rate cut in September has significantly increased; second, the ongoing geopolitical crisis. Currently, there is little suspense regarding the rate cut, but the prospects for Russia-Ukraine negotiations remain bleak due to core disagreements and European intervention, with frontline conflicts ongoing. On the geopolitical front, the oscillating tensions and easing between Russia-Ukraine and the Middle East will have a long-term impact on the market, while potential risks in Central Asia and East Asia also provide medium to long-term support for cryptocurrency prices. Therefore, even if there is a ceasefire in the second half of the year, the increase in cryptocurrency prices may be limited, but a significant drop is unlikely, and overall, it will still develop steadily towards a bull market.
Currently, the market trend shows that the daily level has two consecutive bearish days over the weekend, forming a temporary downtrend adjustment. At the hourly level, recent fluctuations have been small, but overall, it presents a weak oscillating trend, with low points gradually rising but insufficient rebound strength. Both the DIF and DEA at the hourly level are operating below the zero axis, and the negative values continue to expand, indicating that the bearish forces currently dominate. The MACD at the daily level has green bars increasing in volume, further confirming the downward pressure. The hourly RSI value is 33.44, near the oversold area, indicating a potential rebound demand in the short term; the daily RSI remains in the weak zone, with no significant signs of recovery. The hourly EMA7, EMA30, and EMA120 show a bearish arrangement, with prices repeatedly touching EMA7 and then retreating under pressure, indicating strong short-term resistance; the daily EMA also shows a bearish arrangement, with the support level not stabilizing effectively. Focus on the strength of support around 112500 for high short and low long arrangements during the day.
Zhou Yanling 8.25 BTC trading strategy:
1. Buy between 113000-113800, set stop loss below 112000, target 116000-117000
2. Short from 117500 to 116500, stop loss above 118500, target 114000-113000.
Zhou Yanling 8.25 Ether trading strategy:
1. Long between 4705-4750, stop loss below 4650, target 4850-4900, continue to look for upward movement near 4980.
2. Short at 4980-4940, stop loss above 5030, target 4850-4800.
[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 the real-time strategies of Yanling.]
This article is exclusively created and shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for over ten years, currently focusing on analyzing and guiding trading strategies for BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrencies in both contract and spot trading. With a solid theoretical foundation and practical experience, the author excels in combining technical analysis with news analysis, emphasizing capital management and risk control. The trading style is stable and decisive, recognized by many investors for a flexible and responsible personality paired with sharp and decisive operations. #加密市场反弹#