Zhou Yanling: Latest trend prediction analysis and trading strategy for 9.8 Bitcoin BTC and Ether ETH today.

Under the influence of the non-farm payroll data in August, the three major US stock indices all reached historical highs and then retraced their gains. What does this indicate? The market does not need to be entangled in whether there will be a rate cut in September, but rather the expectation for a 50 basis point rate cut has rapidly increased, with the upcoming rate cuts in October and December already starting to heat up. Even more concerning is that the market has begun to worry about a recession in the US economy. Several hours after the data was released, Chicago Federal Reserve President Goolsbee stated: we need to wait for inflation data to decide whether to cut rates in September. In fact, there was no need to speak up, but such a statement seems to suggest otherwise? On the contrary, it did not lower market expectations or sentiment, nor did it guide the market. Ultimately, Bitcoin became the biggest winner, quickly soaring and then swiftly retreating, creating a good smokescreen. Bitcoin has effectively transformed from a virtual commodity into a risk hedging tool, demonstrating its hedging role to the fullest. The golden September and silver October have arrived, and we can look forward to an even greater spectacle ahead.
Currently, the trend shows that the overall movement over the weekend is facing consolidation. It is expected that a significant move will occur on Monday. The daily chart indicates that a large bullish candle was formed yesterday (with an increase of 1112 points), breaking through the previous few days' range, suggesting that the bulls are gradually gaining strength. The hourly chart has recently shown a continuous rise followed by a horizontal consolidation at a high level, which may face directional choices in the short term. In the technical indicator MACD on the hourly chart, both DIF and DEA are above the zero axis, and the histogram remains positive, but the momentum has weakened, necessitating caution against divergence risks. The hourly RSI is between 60-65 and has not entered the overbought area, indicating there is still some upward space; however, if it continues to rise above 70, attention should be paid to potential pullback pressure. The price is currently above EMA7, EMA30, and EMA120, with short-term moving averages diverging upwards, indicating a bullish trend.
Zhou Yanling 9.8 Bitcoin trading strategy:
1. Buy between 110000 and 110800, stop loss below 109000, target 111500-112500.
2、113000-112200 short, stop loss above 114000, target 111300-110400
Zhou Yanling 9.8 Ether trading strategy:
1. Short at 4380-4340, stop loss above 4430, target 4240-4200
2. Buy between 4200-4240, with a stop loss below 4150, target 4330-4370.
[The above analysis and strategies are for reference only. Please bear the risks yourself. The publication of this article may be delayed, and the strategies may lack timeliness. Specific operations should refer to Yan Ling'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, 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 contracts and spot markets. The author has a solid theoretical foundation and practical experience, excels at combining technical and fundamental analysis, emphasizes capital management and risk control, and maintains a stable and decisive trading style. The author's easy-going and responsible personality, combined with sharp and decisive operations, has earned recognition from many investment friends. #今日你看涨还是看跌？