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Analyst Liang Qiu: April 17 Bitcoin/Ethereum Market Analysis

CN
顾景辞
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11 months ago
AI summarizes in 5 seconds.

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!

You can follow the public account of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin has been fluctuating sideways multiple times since the recent drop due to tariff policies, with overall weak continuation in both long and short positions. The two high short strategies we publicly laid out yesterday have all been validated, with Bitcoin dropping multiple times to around 83,000 and 1,540, allowing those who followed to capture significant space. Currently, the market is rising again, and we are still paying attention to the pressure levels at 85,300 and 1,620. If the pressure holds, the market will continue to rise and then pull back.

From a technical perspective, Bitcoin's daily chart shows a breakout upward pattern, firmly standing above the key resistance level of 83,000. The 4-hour MACD indicator has strengthened after a golden cross, and the RSI indicator is above 65 but has not entered the overbought zone, indicating a healthy upward trend with still room for growth. Technically, the range is in narrow fluctuations, having tested the 1,620 level multiple times without breaking through. A short-term rise is expected, but the space will not be very large; continue to pay attention to the rise and fall.

In terms of operations, Liang Qiu suggests entering short positions for Bitcoin around 84,800 to 85,300, targeting around 83,000; for Ethereum, enter short around 1,610 to 1,630, targeting around 1,550.

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

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