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 "I am Liang Qiu," focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has shown a very weak overall trend since the drop from the high point yesterday, with a low reaching 95,800 and 3,100. It is just a line away from the previous weekly and daily level lows of 94,000 and 3,050. Even if the market continues to explore the bottom for support, there is no need to chase short positions. The daily candlestick pattern shows that the price has been continuously declining, forming a series of bearish candles, and the lows are constantly refreshing, presenting a weak pattern.
In the four-hour cycle, after a rapid drop from the high of 3,560 and around 105,000, there has been a consolidation after the crash, but it has not effectively rebounded, and the overall trend remains downward. The MACD histogram in the four-hour cycle continues to expand below the zero line, with the fast and slow lines diverging downwards, indicating that bearish forces are dominant. The daily MACD is also in a death cross state, continuing the downward trend. However, from another perspective, the previous low of Ethereum around 3,050 also has significant support, while Bitcoin first looks at the support levels of 95,000 and then 94,000.
Evening operation suggestions: Enter long positions for Bitcoin around 95,500 to 96,000, targeting around 97,500; enter long positions for Ethereum around 3,100 to 3,130, targeting around 3,220.
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: I am Liang Qiu.
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