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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. After a significant drop in Bitcoin/Ethereum over the past few days, they have started a narrow range of fluctuations. Overall, the continuation of both long and short positions is not strong, but it is merely a weak downward fluctuation. Since we have been continuously laying out short positions above 110000 and 2730, in the past two days, we have also laid out short positions around 2550 and 105000 multiple times. The market has been declining, and the overall space is still decent. Currently, the market is under pressure above and has support below, but the sideways fluctuation in a downward trend is more of a continuation of the decline, indicating that there is still further downward space.
On the daily MA indicator, Bitcoin/Ethereum is still turning downwards, with clear pressure at the upper levels of 106000 and the range of 2550 to 2580. On the weekly level, Bitcoin has started to decline after eight consecutive days of gains. Once it begins to pull back, there is still significant downward space. The short-term support below is around 102000, and if it breaks down, it will likely breach the 100000 mark again. For Ethereum, the primary support below is around 2450, but there is no need to act on a breakdown before it actually occurs; focus on the trend.
Evening operation suggestions: BTC: range of 104500 to 105000, target around 103000; ETH: range of 2520 to 2540, target around 2470, continue to look down if it breaks down.
Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations should be based on real-time guidance. For more strategies, you can follow the public account: Analyst Liang Qiu bb.
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