#ETH Zhou Yanling: On May 26, there is favourable information for Bitcoin from the news, and the crypto world still has significant room for rise in the future.

　　On the news side, the already diminished tariff concerns have been compounded by Trump's statement that he will impose tariffs on new countries in the future, as well as his proposal to impose 50% tariffs on the European Union from June 1, and complaining that trade talks have stalled. In addition, the escalation of the situation in the Middle East makes geopolitical risk aversion difficult to dissipate, which will also become a long-term support factor for currency prices. Trump's announcement of tariffs on new countries and the European Union has reignited economic concerns. The U.S. debt/GDP ratio exceeds 124%, debt inflation weakens the credit of the dollar, and hits the confidence of dollar bulls. The European Central Bank's expectation of a rate cut in June has weakened, and the strength of the euro may weigh on the dollar and boost currency prices. To sum up, Yan Ling believes that under geographical, debt, tariff and other factors, the weakening of the US dollar and inflation expectations are good for the currency circle, and the high tax environment may also prompt all parties to increase their holdings of currency prices to hedge risks. And from a technical point of view, there are still many moving averages below the support, and the bullish outlook has not been completely lost.
　　Let's take a look at the analysis of the technical indicators on the disk, the recent hourly K-line shows that the currency price fluctuates around 109000, forming a small shock range. At the daily level, the price rebounded from 106,600 to 109363, showing a strong upward trend. The technical indicator hourly MACD is in positive territory, but there are signs of a pullback, and the daily level MACD remains bullish. The hourly RSI is close to the overbought area, and a short-term pullback is possible; The RSI on the daily level remains at a neutral high position. Both the hourly EMA7 and EMA30 are sloping upwards, supporting the current price action. The daily EMA also supports the uptrend. To sum up, Yanling's view is still that the market will continue to be long.
Zhou Yanling's Bitcoin trading strategy on May 26:
1. More than 107700-108600, stop loss below 106500, target 109500-110500, continue to rise and look at around 111400.
2. Short at 111400-110500, stop loss above 112500, target 109500-108700.
Zhou Yanling 5.26 Ethereum Operation Strategy:
1. 2460-2500 longer, stop loss below 2400, target 2590-2630
2. Short at 2640-2600, stop loss above 2690, target 2550-2510
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may be delayed, and the strategies may not be timely. The 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 the contract/spot operations of BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other coins in the crypto world. For more real-time community guidance, consultation on unblocking positions, learning about market analysis techniques, etc., you can follow the teacher to find them.