Analyst Liang Qiu: The strategy of the 9.19 surge and pullback has been perfectly validated. Bitcoin and Ethereum still have room for retracement.

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. In yesterday's article and video, I repeatedly reminded about the strategy of raising the price of Bitcoin and Ethereum, and the market has indeed fluctuated as expected, with multiple highs and pullbacks. The overall space for Ethereum is significantly larger. Currently, after the market's decline, the rebound is not obvious, and the upper pressure has repeatedly failed to break through, indicating that there is still room for further decline.

Bitcoin has repeatedly failed to break through the important resistance level of 118,000 to 118,500. Ethereum is clearly weaker, with good points continuously moving down, and the rebound is also poor. From the daily and four-hour levels, it shows a pattern of rising and falling, frequently touching the upper Bollinger Band on the four-hour chart before starting to decline. It is currently hovering around the middle band and will further explore the lower band at around 4,450. The support levels at 4,400 and 114,000 remain unchanged.

The operational suggestion is to continue shorting Bitcoin around 117,000 to 117,500, targeting around 115,500; for Ethereum, continue shorting around 4,550 to 4,570, targeting around 4,470.

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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