Analyst Liang Qiu: On August 26, Bitcoin's Aunt Kong Dan achieved a great victory. A rebound does not mean a reversal.

CN
6 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 of analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin's price action was quickly reminded yesterday from the daytime to the evening, with the trend reaching 4308 and 108500 levels, and the overall space is quite good. I have emphasized multiple times that once Bitcoin breaks 112000, it will directly reach around 108000, which is also an important support and resistance level. Currently, there is some short-term support at the 108000 level, and if it breaks again, it will directly touch the 105000 level.

After hitting the bottom in the early morning, the price rebounded, but the rebound strength is not very strong. After three consecutive daily declines, Bitcoin is showing a high and then a pullback today, indicating that the downtrend is not over. On the other hand, the altcoin just started its rapid decline yesterday, and after breaking the early morning low of 4308, it will continue to test the lower levels of 4200 and 4100. However, trading operations need to be aligned with the trend, and we should take it step by step.

Trading suggestions: For Bitcoin, buy around 110000 to 110500, with a target near 108500; for the altcoin, buy around 4420 to 4450, with a target near 4340.

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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