Zhou Yanling: 7.27 Bitcoin Ether today's latest trend prediction analysis and trading strategy

Regardless of whether the market arrangement is intentional or if we are being set up to go long, this time the short positions around 119,000 have been firmly established by Yan Ling. I'm not saying that the coin price can't break upward; it’s just that this will not happen until next week. The drop on Friday has nearly rebounded to the original drop level so far, but only some intraday prices are fluctuating at the moment. It is obvious that the upper resistance is suppressing the bulls' progress, and in the short term, there will definitely be another small pullback.
Currently, based on the development of technical indicators on the market, the daily chart shows that the overall state is characterized by high-level consolidation recently. Small upward candles were formed on July 26 and 27, but they did not break through the previous key resistance. On the hourly chart, the price has tested the resistance around 118300 multiple times before retreating, indicating some selling pressure in the short term. The hourly MACD is below the zero line, and after the DIF and DEA crossed downwards, it is gradually converging, showing that bearish momentum is weakening; the daily MACD is still above the zero line, but the red histogram is shortening, indicating a neutral trend. The hourly RSI is at 58.29, close to the overbought zone but not yet entering it, which indicates limited upward momentum in the short term; the daily RSI is at 62.66, maintaining a strong area; the hourly EMA7 is relatively close to the current price, providing short-term support; both EMA30 and EMA120 are diverging upwards, indicating that the medium to long-term trend remains bullish.
Zhou Yanling 7.27 Bitcoin trading strategy:
1. Short from 119400 to 118600, stop loss above 120500, target 117000 to 116300
2. More than 116000-116800, stop loss below 115000, target 117800-118600
Zhou Yanling 7.27 Ether trading strategy:
1. Short at 3830-3800, stop loss above 3870, target 3710-3670
2. Between 3650-3700, stop loss below 3600, target 3800-3850
[The above analysis and strategies are for reference only. Please bear the risks yourself. The publication of the article may have delays and the strategies may not be timely. Specific operations should be based on Yanling's real-time strategies.]
This article is exclusively shared by senior analyst Zhou Yanling. The author has been engaged in financial market investment research for over ten years and currently mainly analyzes and guides BTC, Ether, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. With a solid theoretical foundation and practical experience, the author excels in combining technical analysis with news-driven strategies, focusing on capital management and risk control. The operating style is steady and decisive, and the author is recognized by many investment friends for a friendly and responsible personality paired with sharp and decisive operations. #比特币市场分析#