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's evening market once again experienced a volatile rise, especially Bitcoin, which surged from last night's low of 59,000 to around 62,300, an increase of nearly 3,000 points, showing a significant overall rise. The market has shifted from a previous narrow range to a wide range of fluctuations. However, there is still resistance in the range of 62,300 to 62,500 for Bitcoin. Friends who entered short positions during the day can add to their positions if their holdings are reasonable. For those without short positions, they can directly enter short positions around 62,100. Ethereum, on the other hand, has clearly not followed Bitcoin's strong rise, and the increase from day to night has not been very large. The upper MA30 daily moving average at 2,475 is currently turning down, and the market's rise has not broken through this level. Looking at the weekly K-line, Bitcoin and Ethereum are still in a downward channel, and after the market peaks, it will further decline. Last night's low of 58,900 is not the true low point of these two weeks.
For evening operations, continue to hold short positions. For Bitcoin, it is recommended to enter short positions directly around 62,100, with a target of around 60,000 and a stop loss at 62,800; for Ethereum, enter short positions directly around 2,440, with a target of 2,360 and a stop loss at 2,480. The post is effective, 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, you can follow Weibo, Blockchain Liang Qiu.
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