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. The market fluctuates every moment, and naturally, people will see it as an opportunity. However, when you really participate, you will find that it is actually a risk. In recent days, Auntie Bitcoin has repeatedly laid out strategies to raise the price of KONGDAN, while the market has also surged and then retreated. Last night, the market once again surged to the 109800 and 3980 levels before falling back. However, this is also a correction and consolidation after the rapid decline of the market last night. The overall trend of Bitcoin remains weak from the day session to the evening, with Auntie Bitcoin showing some rebound. The key support levels to watch are 117000 and 3800.
In terms of K-line patterns, the daily level shows consecutive bearish candles, indicating a clear downward trend. In the 4-hour cycle, multiple long upper shadows and large bearish candles have formed recently, indicating heavy selling pressure above. In terms of technical indicators, both DIF and DEA are below the zero axis in the 4-hour cycle and continue to diverge downwards, with bearish momentum dominating. However, considering the rapid decline of the market last night and the subsequent release of bearish pressure, it is expected that there will be some correction and consolidation in the market over the weekend. The evening market has also seen multiple dips followed by rises, maintaining a short-term oscillating trend.
Evening operation suggestions: short Bitcoin around 119200 to 119700, with a target near 117600; short Ethereum around 3950 to 3980, with a target near 3870.
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, please follow the public account: Analyst Liang Qiu bb.
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