Analyst Liang Qiu: On October 12, Bitcoin and Ethereum continue to profit from both long and short positions. Short-term focus on volatility.

CN
5 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 once again implemented a strategy of short first and then long yesterday, successfully capturing a relatively large space. What I anticipated was that the market would still be volatile after a rapid decline, but I did not expect the overall volatility to present a wide range of fluctuations. However, the overall volatility will gradually narrow and may even change direction. After the previous sharp decline on the daily chart, a long upper shadow was formed, followed by a rebound. However, during the rebound, the highs and lows continued to switch and move downwards, remaining in a stage of oscillation and repair. The four-hour MACD histogram is shortening, with the fast and slow lines approaching the zero axis but not crossing, indicating that the bullish and bearish forces are tending to balance. The daily MACD is still in the negative zone, and the bearish trend has not completely dissipated.

Operation suggestions: Enter short positions for Bitcoin around 111800-112300, with a target near 109500; enter short positions for Ethereum around 3835-3860, with a target near 3730.

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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