Analyst Liang Qiu: On October 14, the bearish trend for Bitcoin and Ethereum is coming; short positions are precisely grasped.

CN
11 hours ago

Follow for more updates, 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 been declining since last night after a surge, with an overall drop of 4500 points and 340 points from their highs, indicating a clear weakening trend. We re-entered the market at around 113700 and 4130, achieving good gains. Currently, the market is in a downtrend and consolidation, with weak rebounds not being significant, and the overall trend remains weak. However, after a significant short-term decline, there may be some short-term recovery and rebound, but the rebound is not a reversal and is also an opportunity. On the daily chart, Bitcoin and Ethereum faced pressure and fell after touching the middle track, and the decline is not over yet. In the evening, wait for the market to repair and consolidate before continuing to short.

Operational suggestions: Short Bitcoin around 112200 to 112600, with a target near 110000; Short Ethereum around 4010 to 4040, with a target near 3930.

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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