Blockchain Liangqiu: 10.7 Bitcoin/Ethereum Operation Strategy with Market Analysis

CN
20 hours 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!

First published on Weibo, you can follow Weibo Blockchain Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum saw another rise in the early morning, with Bitcoin peaking around 63950, and Ethereum rising to around 2513. Currently, the market is once again in a sideways consolidation. After the recent rise, we need to pay close attention to the resistance at the 64000 level for Bitcoin, while the support is around 62000. The probability of sideways consolidation this week is not very high, as the capital market's competition will intensify this week, especially with the opening of the A-share market tomorrow, which exacerbates this phenomenon. Currently, the market seems more like a game of funds between bulls and bears.

On the daily chart, Bitcoin and Ethereum have all broken through the MA7, 10, and 30-day moving averages, ending the weekend's sideways trend. The bulls are relatively strong, but the moving averages are not yet showing an upward trend, indicating that there is still room for further correction. Additionally, Bitcoin has risen to the previous multiple bull-bear dividing line at the 64000 level, and this position will likely see repeated movements. After the rise, it is not advisable to chase the market.

In terms of operations, enter short positions for Bitcoin around 63800, with a stop loss of 600 points and a target of around 62500; for Ethereum, enter short positions around 2510, with a stop loss of 40 points and a target of around 2450. The publication is timely, and specific guidance will be based on real-time updates. Currently, the market outlook is relatively good, and 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, please follow Weibo, Blockchain Liang Qiu.

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