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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. In the articles and videos about Bitcoin and Ethereum, the long positions at 121700 and 4420 were discussed, with a stop loss at 4390. If it breaks 4400, we will follow the trend to short, which was also emphasized in the afternoon video. Kong Dan has also recovered losses and made profits. After all, after two days of sideways consolidation and multiple dips, we can operate based on the support at 4400. Once it breaks, we can directly follow the trend. Currently, after the market broke down, it has re-entered a sideways consolidation trend, which has weakened. Moving forward, we should look at the resistance around 123000 and 4400.
After breaking down on the daily and four-hour levels, a large bearish candle was formed. There will be some rebound in the evening, but the strength will not be too great, mainly seen as a weak rebound for repair after the decline. Additionally, the weekly chart shows a clear weakening trend after a high. Moreover, looking at the daily and four-hour MA indicators, all have turned down, with clear switching of highs and lows, indicating that the market will continue to test support downwards.
Evening operation suggestions: for Bitcoin, buy around 122700 to 123000, with a target near 120500; for Ethereum, buy around 4370 to 4400, with a target near 4280, and if it breaks, look at the 4200 level.
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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