Zhou Yanling: 8.1 Today's Bitcoin Ether Latest Trend Prediction Analysis and Trading Strategy

Yesterday, Yanling clearly predicted that the Federal Reserve would maintain interest rates in the short term, and the key is to see whether the wording is "discussed rate cuts" or "need more economic data" to determine the inclination. Ultimately, Powell's speech focused on an optimistic view of employment and concerns about inflation, leaning hawkish, which led to a decline in the expectation of a rate cut in September, and the market's expectation for the rate cut throughout the year is also lower than before. In the policy statement, the votes against by Governors Bowman and Waller only indicate that there are internal differences, and this divergence has long been known to the market, hence the market's muted reaction. Since the next interest rate path will be determined based on economic data, the upcoming market sentiment will be dominated by data.
The interest rate decision has driven a deeper decline; however, since early yesterday morning, the market has been maintaining a relatively stable upward trend. The daily chart shows that the recent price has fluctuated around 118,000, forming a slight upward trend. On the hourly chart, the price has tested the previous high position multiple times but has not been able to break through the significant resistance level of 119,000, indicating signs of a pullback in the short term. The hourly MACD histogram has turned from red to green, and the fast and slow lines have crossed to indicate a potential adjustment phase in the short term; the daily MACD remains above the zero axis, indicating that bullish strength still exists. The hourly RSI is at 51.75, close to the neutral zone, with no signs of overbought or oversold in the short term; the daily RSI is at 57, indicating a strong but not overheated position. The hourly EMA7 is close to the current price, exerting some pressure; both EMA30 and EMA120 provide support below, and the short-term trend still leans towards bullish.
Zhou Yanling 8.1 Bitcoin trading strategy:
1. More than 117000-117800, stop loss below 116000, target 118500-119300
2. Short from 119700 to 119000, stop loss above 120800, target 118000-117200
Zhou Yanling 8.1 Ether trading strategy:
1. Buy between 3710-3745, stop loss below 3660, target 3840-3890.
2. Short at 3900-3850, stop loss above 3950, target 3760-3720.
[The above analysis and strategy are for reference only. Please bear the risk yourself. The article review and publication may have delays, and the strategy does not possess timeliness. Specific operations should follow Yanling's real-time strategy.]
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 focuses on analyzing and guiding the trading of contracts/spot operations for BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrencies. The author has a solid theoretical foundation and practical experience, excels at combining technical and news-driven strategies, emphasizes capital management and risk control, and has a stable and decisive trading style. The author's easygoing and responsible personality, along with sharp and decisive operations, have earned recognition from many investment friends. #中美经贸会谈#