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 a," focusing on mainstream coin guidance and layout. Both Bitcoin and Ethereum are in a downward trend, influenced by macro factors such as the Federal Reserve's interest rate cut expectations. In the short term, they are in a critical price game phase. Yesterday, we laid out short positions twice, from 3170 to 3100, and then from 3140 to 2980, which was also fully realized. Below is the specific market analysis:
Current key points for Bitcoin: In the short term, it needs to stabilize above 89800 to initiate a rebound. The upper resistance levels are 91500, 92800, and around 94200; the lower support is primarily at 88000. If it falls below this, it may further drop to 85000 or even lower, while 90000 is considered a "soft bottom" due to its proximity to production costs. Ethereum is following Bitcoin's decline, with a 24-hour drop of over 4%. It is currently fluctuating around the key level of 3000, with fluctuations at 3030, 3040, and other price points during different times of the day. After encountering strong resistance when attempting to break 3200, it has seen a pullback. For short-term support, refer to yesterday evening's low of 88000 and 2980.
Operational suggestions: Buy Bitcoin around 88800 to 89300, targeting near 90800; buy Ethereum around 3000 to 3020, targeting near 3090, and continue to look upward if it breaks.
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 the public account: I am Liang Qiu a.
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