Analyst Liang Qiu: 4.1 Bitcoin/Ethereum long positions take profit, continue to enter long positions on pullbacks.

CN
1 day ago

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 of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Life has no drafts, and time should not be wasted. Continuously move towards a goal, allowing dreams to become reality is what should be done right now. The Bitcoin/Ethereum evening strategy for retracement long positions has successfully built a bottom, and after a period of oscillation, Bitcoin and Ethereum have risen to around 83800 and 1853, respectively. The overall space for long positions is quite good, as seen in previous posts. Currently, after the market has risen, the retracement strength is relatively small. In such a downtrend over several days, the rise will not just stop at this point; the overall upward trend will continue. However, after a rapid rise, there will also be issues with support retesting and support moving up. We will continue to pay attention to the support levels of 81500 and 1780.

In terms of Bitcoin/Ethereum candlestick patterns, recent candlesticks show that after significant fluctuations, prices are gradually stabilizing, forming a long lower shadow and upper shadow, indicating that there is some selling pressure and buying interest in the market. A certain degree of rebound has appeared on the daily level, but overall it is still in a downward trend. The technical indicator MACD on the 4-hour cycle has turned from negative to positive, showing signs of a rebound in the short term, but in the long term, it remains in the bearish zone. However, the 4-hour level is currently in a rebound trend and has directly broken through the middle band of the Bollinger Bands, and the market will continue to test the upper band after a retracement.

In the early morning operations, Liang Qiu suggests continuing to enter long positions for Bitcoin around 82800 to 83200, with a target near 84600; for Ethereum, continue to enter long positions around 1810 to 1830, with a target near 1880.

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 based on real-time guidance. For more strategies, you can follow the public account: analyst Liang Qiu.

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