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. The overall trend of Bitcoin has been weak these past few days. We emphasized the Kongsan Silk Road at 4570 multiple times yesterday, and today during the daytime decline, we positioned around 4250. The market successfully rose to the 4360 line, and the overall space is evident. Congratulations to friends who are involved in the Silk Road. However, the market is clearly under pressure above, especially after Bitcoin broke down without a decent rebound. The trend has clearly weakened, and there is a possibility of further testing the support at the 112000 line below.
After several days of bearish candles on the daily chart, there was a rebound yesterday with a long upper shadow, followed by another significant drop today, currently closing in the red. The pressure above is evident, showing signs of a downward continuation. The market still has further room to decline, with the next focus on the short-term support at the 114000 and 4160 lines below. If it continues to break down, the market will return to the 112000 and 4000 lines again, but we need to take it step by step.
For evening operations, it is recommended to buy Bitcoin around 115800 to 116300, with a target near 114300; for Ethereum, buy around 4330 to 4350, with a target near 4250.
Currently, the market conditions are 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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