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!

First published on Weibo, you can follow Weibo Blockchain Liang Qiu, focusing on mainstream coin guidance and layout. After fluctuating back and forth yesterday, Bitcoin's price broke down again in the early morning. Our strategy of going short first and then long was executed perfectly, escaping the peak just above 62000 last night. Even those who have been following me for a while, including some clients, took profits on long positions last night and then entered short positions, achieving good gains. After the morning's decline, Bitcoin briefly dropped to around 59900, just below 60000, and then rebounded. Ethereum even dropped to around 2350. At this point, there is no need to chase short positions; the hourly chart has stabilized and started to rebound.

On the daily chart, the MA indicators are beginning to diverge. However, with the moving averages pressing down, there is resistance at 63000 and around 2500. After the decline, there will also be a process of repair and consolidation. The recent candlestick patterns for Bitcoin show a clear downward trend, especially after the large bearish candlestick following the fluctuations of the past two days, leading to a bearish market sentiment. However, after each rapid decline, there has been a certain degree of rebound. Currently, we are focusing on the support at the low points and the resistance at the high points.

In terms of operations, enter long positions for Bitcoin around 60500 to 60800, targeting near 62000; for Ethereum, enter long positions around 2350 to 2370, targeting near 2430. The posts are effective, and specific guidance will be provided in real-time.

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 guided in real-time. For more strategies, you can follow Weibo, Blockchain Liang Qiu.

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