Analyst Liang Qiu: 6.5 Bitcoin/Ethereum narrow fluctuations, pay attention to pressure and decline.

CN
1 day ago

Follow for more, earn millions. Hello everyone, I am analyst Liang Qiu. Here I share my views, hoping that every friend who follows can achieve good returns!

You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have shown a narrow range of fluctuations in the past few days. We have also repeatedly laid out a strategy of raising short positions, and the market has seen multiple peaks and pullbacks, with overall space being quite good. Currently, Ethereum is relatively strong, which may lead to a rebound after a smaller previous rise. On the technical side, Bitcoin's daily chart shows a doji candlestick pattern, with consecutive bearish days and multiple doji formations, indicating a characteristic of regular wash trading, and a one-sided trend has not formed. On the four-hour chart, the price repeatedly dips and rebounds, with higher lows but resistance at the highs not broken, making it difficult to break through in the short term. The MACD histogram is positive but the momentum is weakening, and the RSI is close to the overbought area, indicating insufficient upward momentum.

On the technical side, Ethereum surged to $2,679 in the early morning before retracing, currently fluctuating in a narrow range. The four-hour chart shows the price breaking through recent highs but with decreased trading volume, indicating a divergence between price and volume, and weakening upward momentum. The MACD histogram remains positive but the growth rate is slowing, with KDJ values neutral, and the market is in a tug-of-war between bulls and bears, with the price showing multiple peaks and pullbacks, indicating further room for retracement.

Operational suggestions: BTC: range around 104,600 to 105,000, target around 102,600; ETH: range around 2,610 to 2,630, target around 2,540.

Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner, with specific operations based on real-time guidance. For more strategies, you can follow the public account: Analyst Liang Qiu bb.

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