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 Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin's price retraced last night and then began to rise again, with a minimum retracement to around 104,100 and 2,438. The overall trend has clearly strengthened, and then it rebounded. During the daytime rise, Bitcoin even broke the recent daily high, reaching around 107,700. Breaking the high will inevitably be accompanied by some retracement, so we mainly focus on how much the retracement will be. Currently, all daily MA moving averages have started to turn upwards, with the 7-day moving average support around 105,000. We will continue to pay attention to this support level.

In terms of Bitcoin's candlestick pattern, the recent price has fluctuated around 106,000 and 2,500, forming a narrow range consolidation pattern. The daily level shows signs of a slight pullback after a continuous rise, but overall it is still in an upward trend. On the technical indicators, the 4-hour MACD shows a bullish arrangement, with both DIF and DEA moving upwards, indicating that market sentiment is optimistic in the short term. The trend change needs to be adjusted in a timely manner, so be patient and wait for a pullback to enter long positions in line with the trend.

Trading suggestions: BTC: Buy around 105,800 to 106,400, target around 108,500; ETH: Buy around 2,500 to 2,520, target around 2,600.

Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations will be guided in real-time. For more strategies, you can follow the public account: Analyst Liang Qiu bb.

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