Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views, hoping that every friend who follows can have a good return!

First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance. After two days of sideways oscillation, Bitcoin and Ethereum once again fell. Bitcoin reached a low near 68400, while Ethereum reached around 3460 at one point. The overall trend is clearly weakening. On the daily chart, Ethereum was the first to weaken, not following the pace of the "big cake" rebound. Currently, the market touched the daily Bollinger Band midline and began to retract. There is no signal of a trend reversal in the downward trend, and there is further room for the market to decline. First, on the daily solid candlestick chart, we need to pay attention to the resistance near 3530 to 3550, and we can enter a short position below the solid candlestick resistance, while focusing on the support near 3300 to 3350 below.

As for Bitcoin, it has been significantly stronger recently. If it cannot continue to rise with volume, there is a high possibility of a larger downward space. First, on the daily chart, the upper integer level of 70000 has shown a reversal from support to resistance. At this stage of the market, we still focus on the support near 67500 to 68000 below. Once this support is broken, it will directly target the level near 64000. Looking at the MA moving averages, the 7-day, 10-day, and 30-day moving averages of Bitcoin have begun to converge around the 67000 to 67500 level, forming support, which also verifies the important position of the reversal near 68000 in the previous period.

For the intraday operation, we still choose to enter short positions on the rise. Enter short positions for Bitcoin near 69400 to 69700, with an initial target near 68000; for Ethereum, enter short positions near 3510 to 3530, with an initial target near 3400 to 3430.

The article has timeliness, and the market fluctuates greatly. More specific strategies are mainly based on real-time guidance. You can follow the official account, Liangqiu.

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