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. Bitcoin and Ethereum have shown an overall upward trend during the weekend, with a significant rise. Last night, the short positions were considered between 85000 to 85500 and 1660 to 1680. Ethereum has almost reached the target around 1600, and Bitcoin can either break even or take small profits to exit. Friends who are still holding Ethereum can still capture good space. Currently, after the rise, the pullback is relatively small, and there is still room for further upward movement. The four-hour level remains high, showing a continuation pattern in the upward trend with potential for further rises. According to the daily MA indicators, Bitcoin and Ethereum have basically stabilized above the 7-day and 10-day moving averages, and the moving averages are turning upwards, indicating that bulls may advance further.
In terms of K-line patterns, Bitcoin and Ethereum have recently experienced a rapid rise followed by a pullback within the four-hour cycle, currently in a consolidation phase. The daily level shows a recovery after significant fluctuations, forming long upper and lower shadows, indicating market uncertainty. On the technical indicators, the current MACD histogram is red and gradually shortening, with the DIF line crossing above the DEA line, showing that bullish strength is increasing, but it still needs to be monitored for sustainability.
In terms of operations, Liang Qiu suggests taking profits on short positions and entering long positions on pullbacks. Enter long positions for Bitcoin around 83800 to 84300, targeting near 86500; for Ethereum, enter long positions around 1580 to 1600, targeting near 1670.
Currently, the market conditions are 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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