Blockchain Liangqiu: 10.13 Bitcoin/Ethereum Evening Operation Strategy with Market Analysis

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1 year 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!

First published on Weibo, you can follow Weibo Blockchain Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have been consolidating at high levels over the weekend, and the market has reached the recent pressure level around 63,300 after multiple attempts to rise. Looking back at the market trend from September 20 to September 26, after a rise, it repeatedly dipped to the 63,000 line before continuing to rise. Currently, the market has returned to this point, but in contrast, it has repeatedly surged to around 63,300 in the past two days and then started to pull back, indicating that the pressure above still exists. Moreover, tomorrow morning at 8 AM, the daily and weekly closing will be very critical. The weekly line is near the middle track of the Bollinger Bands, and 62,800 is the closing point from last week. As mentioned in the past two days, if the weekly line does not stay above this level, the subsequent downward space will relatively be larger. However, the market operates in waves, and we need to observe step by step.

On the daily chart, Bitcoin and Ethereum have started to pull back. As of today, during the surge, it has not broken through yesterday's high, which means there is significant pressure above. Additionally, the four-hour chart has started to stagnate, and the focus for the evening will be on short positions during the surge and pullback.

Evening operation suggestions: Enter short positions for Bitcoin around 62,700 to 63,000, targeting around 61,300; enter short positions for Ethereum around 2,460 to 2,480, targeting below 2,400. The post is effective, and specific guidance will be based on real-time updates. Currently, the market outlook is relatively good, recommending altcoins like ORDI, LPT, SOL, and UNI for swing trading, with specific operations based on real-time guidance. For more strategies, you can follow Weibo, Blockchain Liang Qiu.

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