Analyst Liang Qiu: On June 17, Bitcoin/Ethereum fluctuated upward, pay attention to the support below.

CN
7 hours ago

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/Ethereum have been fluctuating and rising since they dipped to around 102600 and 2430 a couple of days ago, especially Bitcoin, which was particularly strong, reaching a peak of around 108900 last night. Since our short position at 110000, we have published multiple articles on the bottoming strategy in the past two days, and the market has been steadily rising, with overall space being quite good. Currently, the market remains high, with further upward potential. Pay attention to the support levels around 105000 for Bitcoin and 2480 for Ethereum. The daily chart has begun to stabilize with moving averages shifting upwards, and there is still relatively large space above.

In terms of Bitcoin/Ethereum K-line patterns, the daily level shows that the recent price has gradually stabilized after significant fluctuations. Yesterday, the daily line formed a long upper shadow, indicating strong selling pressure above. However, the closing price was slightly higher than the opening price, forming a small bullish candle, suggesting a slight easing of market sentiment. In the 4-hour cycle, there was a quick rise, but it was followed by a pullback. The current K-line is in a consolidation phase, with relatively balanced bullish and bearish forces in the short term. On the technical indicators, the 4-hour MACD histogram has turned from red to green, and the fast and slow lines are still below the zero axis, indicating limited rebound strength and a generally weak trend. However, the lows are continuously rising, and if they do not break, there will be further bottoming before continuing to rise.

Operational suggestions: BTC: Enter around 105500 to 106000, target around 108500; ETH: Enter around 2540 to 2570, target around 2650, and if it breaks upwards, it can continue to look towards 109500 and 2720.

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 bb.

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