Blockchain Liangqiu: 9.3 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
4 months ago

Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views, hoping 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 coin guidance layout. After a period of consolidation, Bitcoin and Ethereum have started to continue to rise. Currently, aside from the structural aspect, the overall market environment is mainly driven by the news from the Federal Reserve. Last night, we emphasized in the analysis that the current key level for Bitcoin is 59,000, which is also the resistance of the 7-day moving average. If it effectively breaks through and stabilizes, this level can be used as a turning point for the trend reversal. Although the structural indicators are slightly lagging, they cannot resist the strong breakthrough, and adjustments need to be made promptly when the trend changes.

From the daily chart perspective, there has been no retracement after the Bollinger Bands breakout, and there have been multiple rebounds around the 57,000 level. Intraday trading will definitely develop from the perspective of stabilizing above the upper band, and special attention should be paid to the psychological barrier of 60,000. Once it breaks through again, the 7-day, 10-day, and 30-day moving averages will form a bottom support, creating a situation where the three lines resonate upwards. Therefore, the current strategy is relatively clear: focus on the support near the 59,000 level and go long with the trend.

In terms of trading, enter long positions for Bitcoin around 59,000 to 59,300, with a target near 61,000; for Ethereum, enter long positions around 2,500 to 2,520, with a target near 2,590. Currently, altcoins such as ORDI, LPT, SOL, and UNI are relatively good, and short-term operations are recommended. For specific operations, please refer to real-time guidance. For more strategies, you can follow the official account, Liangqiu.

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