Analyst Liang Qiu: 9.1 Bitcoin and Ethereum Market Analysis at Dawn

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 has been fluctuating sideways since the early morning surge, especially with Bitcoin experiencing a fluctuation of around 1000 points, while Ethereum's lowest was 4430 and highest was 4497, showing no significant overall volatility. In fact, this is a typical weekend market trend. The long positions we set up around 108300 and near 4420 have not provided much space for those who entered, and the overall trend remains narrow and fluctuating.

Currently, Bitcoin's market trend is still weak, with the hourly and four-hour charts repeatedly facing pressure and falling back. The upper resistance at 110000 has been difficult to break through, but the lower support around 107000 has been tested multiple times without success. Tomorrow morning at 8 AM, the weekly and monthly closing will occur, and the market is about to reach a new turning point. Ethereum's overall trend is relatively strong, but the four-hour Bollinger Bands show signs of contraction, so pay attention to the upper resistance.

For early morning trading suggestions, Bitcoin should be traded around 108800 to 109300, targeting around 107300; Ethereum should be traded around 4480 to 4510, targeting around 4400.

Currently, the market conditions are 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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