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Analyst Liang Qiu: On December 16, Bitcoin/Ethereum once again broke new highs. How sustainable is the bullish trend?

CN
顾景辞
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1 year ago
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Follow for more updates, with potential earnings in the millions. Hello everyone, I am analyst Liang Qiu. Here, I share my insights, 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 has once again broken through a new high, reaching around 106,660. The bulls are taking off again, and Ethereum has also directly surpassed the 4,000 mark. We have emphasized the importance of the trend channel and the support below multiple times in the past few days, including in yesterday's afternoon article and evening video, where we repeatedly stressed entering long positions on pullbacks. In fact, the video mentioned that Bitcoin at 104,600 would definitely break through, and the market has risen as expected. Congratulations to those who followed the strategy. Currently, the market has pulled back, and we need to pay attention to the support levels at 3,880 and 103,000, which are also where a new round of top-bottom conversion is taking place. Keep an eye on real-time market changes.

The market has surged significantly in the short term, and a necessary pullback adjustment is essential. From the daily MA indicators, the 7-day and 10-day moving averages are still arranged upwards, and the support is also moving up, which corresponds to the importance of the bottom support rising. In terms of candlestick patterns, recent candlesticks have shown a clear upward trend after a weekend of sideways consolidation. In the 4-hour cycle, multiple bullish candles indicate strong market buying pressure. On the technical indicators, the current MACD is in the bullish zone, with both DIF and DEA diverging upwards, showing strong upward momentum. The trend remains upward, and we can operate accordingly after the pullback.

In terms of operations, enter long positions for Bitcoin around 103,300 to 104,000, targeting around 105,800; for Ethereum, enter long positions around 3,900 to 3,940, targeting around 4,000.

The post is effective, and specific guidance will be based on real-time updates. 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, please follow the public account: analyst Liang Qiu.

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Selected Articles by 顾景辞

4 days ago
Gu Jingci: 3.23 Bitcoin/Ethereum Operation Strategy with Market Analysis
4 days ago
Gu Jingci: Bitcoin/Ethereum waiting for a rebound rise in the early morning.
4 days ago
Gu Jingci: 3.22 Bitcoin Ethereum Long and Short Continues to Profit with Latest Market Analysis
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