Analyst Liang Qiu: 12.11 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
1 month 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!

This is the first release on the public account. You can follow the public account of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum successfully profited from the strategy of shorting first and then going long yesterday. After the market surged, it also experienced a continuous decline. Bitcoin dropped to around 94,300, while Ethereum reached around 3,512. The overall trend has broken down from a range and is now fluctuating. Currently, the market has rebounded again. In the short term, there is still room for further upward movement. Ethereum is generally weak, so pay attention to the upper resistance at the Bollinger Bands on the hourly chart around 3,720 and 98,500. The support at the lower low remains effective. The Gongzhonghao has now been renamed, please check.

In terms of Bitcoin's candlestick pattern, it has recently declined and is now fluctuating within a range, showing significant volatility with multiple back-and-forth movements, facing selling pressure above and support below. On the technical indicators, the current MACD's DIF and DEA are both negative, but the MACD histogram is gradually shortening, indicating a weakening of bearish strength, which may form a golden cross. However, from the daily MA moving average indicators, the resistance from the 7-day and 10-day moving averages still exists, and the moving averages continue to press down, suggesting that the overall volatility will gradually narrow until it changes again.

For short-term operations, enter short positions for Bitcoin around 97,900 to 98,500, targeting around 96,500; for Ethereum, enter short positions around 3,690 to 3,720, targeting around 3,580.

The post is effective, and specific guidance is based on real-time updates. Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in segments, with specific operations based on real-time guidance. For more strategies, you can follow the public account: analyst Liang Qiu.

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