Blockchain Liangqiu: 10.21 Bitcoin/Ethereum Evening Operation Strategy with Market Analysis

CN
8 hours ago

Follow for more updates, earn millions. Hello everyone, I am analyst Liang Qiu. Here I share my views, hoping that every friend who follows can achieve good returns!

This is the first release on the public account. You can follow the public account Trader Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum surged again overnight, especially at 8 AM when the weekly and daily candles closed with a large bullish candle, confirming that the market still has further upward trends. I have repeatedly emphasized the key support and resistance level for Bitcoin at 68,000 to 68,500. After breaking through this level in the morning, it reached a high of 69,500 before starting to pull back. As of now, it has pulled back to around 68,100, and overall it has stabilized above 68,000. Moreover, the four-hour Bollinger Bands for Bitcoin are extremely narrow, with support also at the 68,000 level, so we need to pay attention to whether this position can form support.

Looking at the daily MA moving averages, currently, the 7-day, 10-day, and 30-day moving averages are all turning upwards. The 7-day moving average support is at 68,000 and around 2,660. In recent days, there has been fierce competition between bulls and bears, and after the rise, the long-term pullback space is very small, confirming that there is still room for further upward movement. The upper resistance levels are the psychological barrier of 70,000 and around 2,800. The rise of Ethereum in the morning also indicates alternating upward trends in the market, but generally, after such alternating rises, a pullback is expected, which needs to be noted.

For evening operations, enter long positions for Bitcoin around 67,700 to 68,100, targeting near 69,500; for Ethereum, enter long positions around 2,670 to 2,700, targeting near 2,760, with stop losses set at 67,300 and 2,650 respectively. The post has practical effectiveness, and specific guidance will be based on real-time updates. Currently, the market conditions are 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 the public account: Trader Liang Qiu.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink