Follow for more updates, 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 of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum surged again in the afternoon before retreating, with strong resistance at the 100,000 level. In the morning, Bitcoin peaked around 99,950 before dropping to a low of around 95,150, showing a relatively large pullback. Currently, the market is in a low-level consolidation, and further declines are expected, although there will be a short-term rebound and correction process. On the four-hour chart, Bitcoin/Ethereum have all broken below the middle Bollinger Band area. In the evening, pay attention to the rebound strength at 97,000 and 3,400 levels. A rebound does not mean a reversal; after the market rebounds, it will continue to decline.
From a daily perspective, the consecutive days of bullish candles were directly broken by a bearish candle, and the trend has turned weak. The MA indicators have also consecutively broken the 7-day and 10-day moving average levels, with the market shifting from previous moving average support to moving average resistance. The support levels to reference are 93,000 and 3,280. In the evening, you can wait for the market to rebound a bit before continuing to enter short positions.
For evening operations, Liang Qiu suggests entering short positions for Bitcoin around 96,000 to 96,500, targeting around 94,000; for Ethereum, enter short positions around 3,390 to 3,420, targeting around 3,300.
The post is effective, and specific guidance is based on real-time updates. Currently, the market conditions are 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: analyst Liang Qiu a
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