Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good profit!
First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance layout. Bitcoin/Ethereum surged to 42800 and 2308 and then fell back to a volatile market. The retracement long positions we laid out last night did not see a significant rise, and the continuity of long and short positions is not strong. Bitcoin reached a high of around 42500 during the day, while Ethereum reached a high of around 2277, especially showing weakness in the Ethereum aspect.
Regarding Bitcoin, the MA 7-day and 10-day moving averages began to converge and trend upwards, with support around 41100. There are signs of further upward movement, and attention should continue to be paid to the pressure around the 30-day moving average of 42800 to 43000. Ethereum has been hovering near the 7-day moving average, with the 10-day and 30-day moving averages moving down to around 2300 and 2375 respectively. In the future, the first thing to watch out for is the pressure around 2300. The four-hour Bollinger Bands are starting to contract to the extreme, indicating a change in the market. This wave of market is also a sideways trend after the rise, and it is recommended to enter long positions on the retracement in the future.
In the evening, the operation is to enter long positions near 41500 to 41800 for Bitcoin, with a target near 42800; and to enter long positions near 2220 to 2240 for Ethereum, with a target near 2290.
The article has a time limit, and the market fluctuates greatly. Friends who are confused about the operation can pay attention to communication and exchange, with real-time guidance as the main focus. For more strategies, you can follow the official account, Liangqiu.
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