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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Since Bitcoin surged to around 122,500 yesterday and then retraced, the overall rise has not been significant. The upper level of 120,000 has been under continuous pressure, while Ethereum has shown a wide range of fluctuations, continuously pushing higher. Today, the key focus is whether the high point of 4,370 from yesterday can continue to break through. We reminded multiple times in last night's article strategy and video about entering around 4,320 and above 120,000. The market also fell to around 4,188 and 118,000, and the overall space is still quite good. Currently, after the market decline, a rebound has begun, especially as Ethereum has once again risen above 4,300, but the rise also presents an opportunity.
In fact, the rebound and rise yesterday and today, apart from Ethereum, have not shown significant increases in other altcoins, especially as Bitcoin continues to face pressure above 120,000, which will also lead to a decline in Ethereum. At this position, there is no need to chase long positions anymore. Bitcoin is still within a box structure, and the short-term focus should be on the 116,000 level. Although Ethereum has a large volatility, pay attention to the opportunities under wide fluctuations in the market.
Operational advice: Enter Bitcoin around the current price of 118,900 to 119,500, with a target near 117,300; enter Ethereum around 4,310 to 4,340, with a target near 4,220.
Currently, the market outlook is relatively good. I recommend trading altcoins 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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