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. The short position strategy for Bitcoin/Ethereum is to re-enter around 91500 and 3040-3050. The overall market fluctuation is not large, and in the evening, it retraced down to 90400 and around 2985, capturing 1000 points and 60 points of space. Currently, the market is trending towards consolidation, and the US stock market is closed for Thanksgiving, leading to weak continuation of both long and short positions. However, from the four-hour level, there is still room for a rise and fall. As mentioned multiple times before, the market that can truly provide us with stable returns is precisely this kind of consolidation market.
In the recent four-hour cycle, Bitcoin and Ethereum have repeatedly tested 92000 and 3060 without breaking, forming a slight upward movement followed by a horizontal consolidation pattern. After a bullish daily close, the upper selling pressure is evident during the consolidation. On the technical indicators, the four-hour MACD histogram continues to show red volume, with the DIF line crossing above the DEA line, indicating enhanced momentum. The daily MACD is above the zero axis and still has some upward space, but not much.
For early morning operations, it is recommended to take profit on short positions and continue to enter short: for Bitcoin, continue to short around 91300 to 91600, with a target near 89500; for Ethereum, continue to short around 3030 to 3040, with a target near 2960.
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 based on real-time guidance. For more strategies, you can follow the public account: I am Liang Qiu.
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