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 "I am Liang Qiu," focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have shown a relatively weak overall trend in the past few days, with a considerable space for decline. Last night, the price directly dropped to around 80600 and 2620 before quickly rebounding. The pullback after the rebound was relatively small, which is also a sign of short-term stabilization. The hourly chart shows a long lower shadow and a bullish candle, indicating some stabilization after the recent decline. However, due to multiple breaks of the low points, it may continue to test lower to see if the support below is effective before rebounding again.
The four-hour level has also started to stabilize and rebound. The low point from last night can be used as a key short-term support level. The support for the hourly chart's consolidation can be referenced at around 82000 and 2660. Do not assume the rebound is over just because there has been some rebound; the rebound has not ended yet. After a pullback to test the bottom, there will be further rebounds.
Evening operation suggestions: Buy Bitcoin around 82000 to 82500, with a target near 84500; Buy Ethereum around 2660 to 2680, with a target near 2760.
Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations will be guided in real-time. For more strategies, you can follow the public account: I am Liang Qiu.
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