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

First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance layout. Bitcoin/Ethereum once again laid out short strategies last night. The article was just released, and the market began to shake and fall. Bitcoin touched near 70300 at its lowest, and as expected, Ethereum was weaker than Bitcoin, touching near 3535 at its lowest. The overall volatility is not significant, and the continuity of long and short positions is not strong. As the end of the month and the weekend approach, if the market does not break through the upper pressure further, the risk of further decline will increase. Friends who have followed the operation during this period should have very good overall space.

Looking at the four-hour chart, the Bollinger Bands have all started to contract. Bitcoin touched the upper rail of the Bollinger Bands last night and began to shake and fall, while Ethereum did not even break through the middle rail area before starting to fall. The downward trend of Ethereum on the daily chart is even more obvious. The daily Bollinger Bands are starting to turn downward, suppressed by the middle rail, and the upper pressure is gradually moving down. For Ethereum, it needs to pay attention to the pressure near 3630, which is also the position of the 30-day moving average (MA30). Bitcoin is still oscillating narrowly overall, with support at 68000 below and pressure at 72000 above.

For intraday operations, short positions can be entered near 70800 to 71100 for Bitcoin, with a target near 69300; for Ethereum, short positions can be entered near 3590 to 3610, with a target near 3500.

The article has timeliness, and the market volatility is large. More specific strategies should be based on real-time guidance. You can follow the official account, Liangqiu.

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