Analyst Liang Qiu: Will the rapid rise of 8.4 Bitcoin/Ethereum at the beginning of the week reopen the upward channel?

CN
2 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 has been fluctuating and rising since the low points of 3350 and around 112000 yesterday morning. Essentially, it has risen for a day with relatively small pullback strength. It once rose to 115000 and 3558 in the morning, but has since pulled back. The upper level of 115000 has just touched the pressure point and started to pull back, indicating that the upper integer level is still under pressure. Currently, the rapid rise does not indicate the arrival of a bullish trend; it only shows a short-term correction after a significant decline.

The K-line pattern at the daily level shows that the recent price has generally presented a rebound trend after a downward fluctuation. At the 4-hour level, the K-line formed a long lower shadow during the decline, indicating that there is some buying support below, but the pressure above is still evident. In terms of technical indicators, the 4-hour MACD histogram is gradually shortening, and the fast and slow lines are approaching the zero axis, indicating that bearish momentum is weakening but has not completely turned into a bullish trend. Currently, after a rapid rise, the market has touched the upper pressure and started to fall back, so we can expect a pullback for consolidation.

Operational suggestions: Buy Bitcoin around 114800 directly, with a target near 113000; Buy Ethereum around 3540 directly, with a target near 3450.

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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