Bitcoin and Ethereum patiently await the arrival of a significant drop and a waterfall.

CN
6 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 has dropped quickly in the last couple of days, waiting for a wave of waterfall to come. During the day, we are once again laying out a strategy to raise short positions. Ethereum still has room overall, Bitcoin is really strong, just be patient, and there shouldn't be any major issues. Why, with the trend being so strong now, are we still insisting on short positions? First, Bitcoin has risen 9000 points from its low to now, the risk of shorting is much lower than the risk of going long; second, Ethereum and altcoins have not followed Bitcoin's multiple upward movements; finally, Bitcoin is close to the previous multiple support and resistance line between 68000 and 68500, there is no need to chase long positions before breaking through.

Even if Bitcoin has more room above, so what? 1000 points or 1500 points? Once the market starts to decline, the space is huge. Arrange your positions well and patiently wait for the drop. Continue to hold short positions at Bitcoin 67500 and Ethereum 2630. For those without short positions, directly enter short at highs and wait for a big drop to come. The first target below is 2550 and 66000; the second target is 2460 and 64000. 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 based on real-time guidance. For more strategies, you can follow Weibo: Blockchain Liang Qiu.

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