Pay attention and see the profit of tens of millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good profit!
First released on the official account, you can follow the official account Liangqiu, focusing on mainstream currency guidance layout. Bitcoin/Ethereum prices have surged again, with Ethereum breaking through the recent high to reach around 3947. The overall rebound of Bitcoin has been slightly weaker in the past few days, and it has even rebounded and fallen back several times. In the short term, attention needs to be paid to the resistance near 68000. We once again set up two short-term short positions yesterday, with the first position taking profit and the second position stopping loss. At this stage of the current market, the overall volatility has significantly increased. The four-hour Bitcoin has shown a trend of topping out and falling back. There is no need to chase after more gains after the rise without stabilizing above 68000. The solid candlestick on the daily chart also needs to pay attention to the resistance at the 68300 level, while the support near the 65500 moving average is worth noting. Ethereum is obviously much stronger, but there is a risk of rapid pullback every time it breaks a new high. The moving average indicator currently supports around 3580, and there is a relatively large downside space. After the market rises, there is also a need for repair and consolidation. Currently, it is advisable to enter short positions with good defense after the market rises.
In terms of operation, short positions can be entered near 67300 to 67600 for Bitcoin, with a target near 65700; for Ethereum, short positions can be entered near 3915 to 3935, with a target near 3820.
The article has a time-sensitive nature, and the market volatility is large. Friends who are confused about operations can follow the official account, Liangqiu.
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