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Analyst Liang Qiu: Evening Market Analysis for Bitcoin/Ethereum on March 12

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!

You can follow the public account of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Since the drop of Bitcoin/Ethereum the day before yesterday, it has started to fluctuate within a range, and the overall continuation of bullish and bearish trends is not very strong, especially with Ethereum showing a relatively weak overall trend. Since breaking below 2000, the rebound has been relatively small, and after multiple attempts to rise, it has faced pressure and retreated. However, there is also some support below. From the four-hour level, Bitcoin has shown a clear upward trend, but it is also approaching the lower edge of the previous important box structure at around 84200. We will pay attention to whether this position can continue to break through with increased volume. If it breaks through and rises further, the market will welcome a decent rebound.

In recent days, the overall volatility has been gradually narrowing, and a market change is imminent. Under the favorable influence of the evening CPI data, the market experienced a surge followed by a retreat. The K-line patterns of Bitcoin/Ethereum have recently formed several small real body K-lines, indicating that the market is in a consolidation phase. The daily level shows a long lower shadow, with strong support around 1780 and 78000. In terms of technical indicators, both DIF and DEA are in the negative zone, but the MACD histogram is gradually shrinking, indicating that the downward momentum is weakening. However, after the market rises, there is still pressure above that has not been broken, which also poses some downside risk.

For evening operations, Liang Qiu suggests entering long positions for Bitcoin around 82500 to 83000, with a target near 84800; for Ethereum, enter long around 1870 to 1900, with a target near 1960.

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, you can follow the public account: analyst Liang Qiu.

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Selected Articles by 顾景辞

23 hours ago
Gu Jingci: 3.21 Bitcoin/Ethereum Trading Strategy with Market Analysis
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Gu Jingci: 3.20 Bitcoin/Ethereum short position take profit, entering long in the evening.
1 day ago
Gu Jingci: 3.20 Bitcoin Ethereum Evening Operation Strategy with Market Analysis
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