Liangqiu: 11.20 Bitcoin/Ethereum Operation Strategy with Market Analysis

CN
5 hours ago

Follow for more updates, with potential earnings in the millions. Hello everyone, I am analyst Liang Qiu. Here, I share my insights and hope that every friend who follows can achieve good returns!

You can follow my public account "I am Liang Qiu," focusing on mainstream coin guidance and layout. Last night, Bitcoin/Ethereum set up again at 2940 and 89500 for long positions at 88500 and 2900. Considering the market, since Bitcoin did not break 88500, Ethereum did not incur losses either. However, according to the strategy, Ethereum would exit at 88500, and Bitcoin is just a line away from exiting. The market rebounded and rose to around 92800, with Bitcoin having over 3000 points of space. Currently, the market is rapidly surging, but considering the break of the daily low again in the early morning, the market will still have fluctuations, with the upper resistance at the high point of 94000.

In terms of K-line patterns, the recent price has shown significant volatility, forming long lower shadows and a fluctuating rebound trend. After touching the low in the early morning, it quickly surged, indicating strong buying pressure. The current K-line shows a small bullish candle, with prices gradually recovering, but it has not yet broken through the previous high of 3080 and the minor resistance at 93000. There are still resistances at 3120 and 93800 from previous highs. On the technical indicators, MACD is in a low area, with DIF and DEA close to the zero axis, indicating a weakening of bearish strength and a potential shift towards bullish trends. In the short term, we can expect a wave of highs followed by a pullback, and then look for bullish opportunities based on the strength of the retracement.

Trading suggestions: Short Bitcoin around 92800 to 93300, targeting around 91500; Short Ethereum around 3060 to 3080, targeting around 2980.

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 guided in real-time. For more strategies, you can follow my public account: I am Liang Qiu.

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