Blockchain Liangqiu: 9.12 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
3 months ago

Attention, look again, and earn 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 coin guidance layout. Bitcoin and Ethereum have changed their trends relatively quickly in the past few days, oscillating back and forth multiple times. A one-sided market is expected in the future. This week, we have also laid out the strategy of selling high and buying low multiple times, and overall, the gains have been fruitful. This includes our layout strategy of shorting first and then going long in the intraday trading yesterday. I believe that friends who followed suit did well. Currently, in the oscillating market, there is a structural retracement demand at the high level of Bitcoin and Ethereum. The short-term support at 56,000 is constantly under pressure and has finally broken after adjustment, marking the beginning of a wave of shallow to deep band transitions. The current market fluctuates greatly on a daily basis, presenting both opportunities and challenges. If the strength does not match, one will exit early. On the daily chart, the MA moving average indicator is suppressed by the 30-day moving average at around 59,000, and is currently in a state of downward correction. Although the 7-day and 10-day moving averages are starting to converge and turn upwards, the trend is still waiting for the 30-day moving average to be repaired and converge. After the repair is completed, a strong opening with the resonance of the three lines is expected to continue the bullish volume trend, but it is still in a state of correction in the short term.

After repeatedly oscillating and breaking through the short-term driving line in the 4-hour chart, Bitcoin's short positions have started to shrink and adjust, and the continuous wide oscillation has led to the unwinding of large positions at the high level. The current adjustment is still ongoing. From the daily chart level, the MA moving average is turning downwards, but the overall trend of the Bollinger Bands is still in a balanced state. Therefore, this kind of market still sees the pressure at the 59,000 level and looks for a retracement after the high adjustment, while the bottom support is around the 56,000 mark.

In terms of operations, short positions can be entered near 58,300 to 58,600 for Bitcoin, with a target near 57,000; for Ethereum, short positions can be entered near 2,370 to 2,390, with a target near 2,320. Currently, Huanqing is relatively good, and I recommend short-term operations for the altcoins ORDI, LPT, SOL, and UNI. Specific operations are mainly based on real-time guidance. For more strategies, you can follow the official account, Liangqiu.

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