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 and Ethereum rose in the early session yesterday but remained sideways before starting to decline in the early morning. Our layout last night was again at 108800 and above 4480, which successfully dropped to 107200 and 4360 levels. The overall space is still quite good. After the decline, it has once again entered a sideways fluctuation. The overall trend is relatively weak, but it has not broken down, and there is still some support below.
In terms of K-line patterns, the daily level still shows a sideways fluctuation, with gradual stabilization at the bottom, forming a low-level oscillation and consolidation pattern. Recently, the highs have failed to break through the previous pressure zones around 110000 and 4530. The 4-hour level has shown consecutive bearish candles in a pullback, presenting a weak downward trend in the short term. However, the current price is close to the previous low area around 106000 and 4330, which has some support. In terms of technical indicators, the 4-hour MACD histogram is shortening, and the fast and slow lines are still below the zero axis, indicating that bearish momentum is weakening but has not yet turned strong.
In terms of operations, it is recommended to buy Bitcoin around 106700 to 107200, with a target near 108600; for Ethereum, buy around 4340 to 4370, with a target near 4450.
Currently, the market is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations will be guided in real-time. For more strategies, you can follow the public account: Analyst Liang Qiu bb.
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