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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin continues to fluctuate between 116,500 and 119,500. Ethereum and altcoins are soaring again, with Ethereum breaking the high point again in the evening, reaching around 3,857. This aligns with what we discussed in yesterday's video and article about the 3,850 level being a short-term weekly candlestick resistance. If it cannot effectively break through, it will likely retrace to test the support at the 3,680 level. If it breaks through, we can look towards around 4,000. However, considering that the 4,000 mark is not far and the space is not as large as imagined, we need to respond flexibly.
In the daytime article and video, I emphasized that the long position can continue to be held patiently, focusing on the resistance and potential pullback at the 3,850 and high points. The daily candlestick pattern shows several consecutive bullish candles, indicating a strong upward trend. In the 4-hour cycle, there has been recent high-level fluctuation, forming a small upper shadow, but overall it remains in an upward channel. Technically, the 4-hour cycle's DIF and DEA are operating above the zero axis, with the histogram turning from negative to positive, indicating increased momentum; the daily level continues to expand, with bulls in control. However, there is short-term resistance above, and we should first look for a pullback, with effective support below before considering a rebound.
Evening operation suggestions: for Bitcoin, enter long between 118,600 and 119,200, targeting around 117,000; for Ethereum, enter short around 3,830 to 3,850, targeting around 3,740.
Currently, the market conditions are relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing 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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