Analyst Liang Qiu: The 7.15 CPI data shows Bitcoin in sideways fluctuations, while Ethereum surges again. Is this the final carnival for Ethereum?

CN
7 hours 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/Ethereum surged again in the evening thanks to favorable CPI data, while Bitcoin has not seen a significant rebound since its peak yesterday, dropping over 7000 points. Ethereum quickly rose to around 3066. For those who did not exit the high position we set during the day, if your position is good, you can consider adding to Ethereum to raise the average price and wait for a drop in the evening. Ethereum's surge seems more like a brief flash of light; the main focus should be on Bitcoin's trend.

In fact, Ethereum's rise still lacks alertness. I have mentioned multiple times that during each round of significant increases, Bitcoin tends to decline first, and Ethereum shows a certain lag, usually dropping a day later, followed by a significant decline. Previous articles have also mentioned this, and as a result, today it couldn't hold around 3000 and went short, but there are no major issues with the layout.

In the evening, operate Bitcoin/Ethereum at the current price of 117600 and around 3050 to continue shorting, targeting 116000 and around 2940.

Currently, the market 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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