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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. After Bitcoin surged above 110,000 last night, it formed a high-level sideways consolidation again. Ethereum, on the other hand, has a relatively weak overall trend, with a wide range of fluctuations above and a weak rebound, failing to break through effectively like Bitcoin. The strategy we implemented last night after the surge has also retreated to 110,100 and 4,255 before rebounding again. Bitcoin has also repeatedly attempted to rise but faced pressure and fell back. The upper level of 112,000 has not effectively broken through, making it difficult to form a new round of rebound. However, once it effectively breaks and stabilizes above 112,000, the market will welcome another rebound.
On the daily chart, the market is still in a downtrend channel, with upper pressure gradually moving down to 112,000 and 4,400. On the daily MA indicators, Ethereum has been repeatedly blocked and retreated near the 7-day and 10-day moving averages around 4,400. We will continue to monitor this position for pressure. On the four-hour level, Bitcoin has also started to fall back after multiple attempts to rise, and we expect a pullback today, paying attention to the strength of the pullback.
Operation suggestions: Short Bitcoin around 111,000 to 111,500, with a target near 109,000; Short Ethereum around 4,340 to 4,370, with a target near 4,250.
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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