Analyst Liang Qiu: On September 16, Bitcoin and Ethereum short positions achieved great success, continuing to enter short positions after a rise in the early morning.

CN
4 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 Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have had multiple layouts in the afternoon and evening, and the market has been fluctuating downwards from the high points, with overall space being quite good. All previous strategies are visible. Currently, the market has rebounded slightly relying on short-term support, but the strength is not significant, and the overall downtrend has not been reversed. There is still further downward space, with resistance around 116000 and 4560 on the upper side.

In terms of technical indicators, the daily line has formed a short-term correction trend with consecutive days of closing in the red. The 2-hour low points are continuously refreshing, and the current state is weakly fluctuating. The MACD shows that the bearish strength dominates in the 2-hour timeframe; the bearish trend is obvious on the daily level, and the EMA on the 2-hour shows a bearish arrangement with significant rebound pressure; the daily EMA moving average system is overall diverging downwards.

For early morning operations, it is recommended to short Bitcoin around 115000 to 115500, with a target near 113500; for Ethereum, short around 4520 to 4540, with a target near 4430.

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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