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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin (BTC) broke the high point again last night, reaching around 117,500 and 3,010. The market has been surging like a hot knife through butter. We exited our positions in a timely manner during the day and followed the trend. Those who are keeping up understand. First, mainly use Bitcoin as a reference; once it breaks the high point, exit in a timely manner. Last night, after the second surge above 112,000, one should be alert. Currently, the market relies on the high point of 117,500; if it does not break the high, gradually enter short positions above the high point. Of course, the short-term support at 112,000 needs to be monitored closely. Ethereum (ETH) can be operated in sync with Bitcoin.
From the four-hour level, after Bitcoin broke the high point, it has been in narrow fluctuations and has started to pull back. During the day, continue to watch for fluctuations in the market, waiting for the opportunity to rise close to the high point. Although there is an attempt to push the price up during the day, do not bet on new highs at the high point. Treat the high points of 117,500 and 3,010 as resistance. The market has broken the high point multiple times, and chasing long positions is not appropriate. There is a possibility that the previously profitable trades may all return during a downturn, as the more the price rises, the greater the risk.
Operation suggestions: BTC: Short around 116,800 to 117,500, target around 115,000; ETH: Short around 2,970 to 3,000, target around 2,910. Pay attention to the break points at 112,000 and 2,780.
Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations should be based on real-time guidance. For more strategies, you can follow the public account: Analyst Liang Qiu bb.
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