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!

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 started to rapidly decline after peaking at around 69,500 yesterday, subsequently breaking below the 68,000 to 68,500 key support and resistance level, and then dropping to a low of around 66,600. The long positions we set up last night in the range of 66,500 to 66,800 were timely closed for profit when the price surged by 1,000 points during the day. This can be seen in previous posts. Currently, after breaking below the key support and resistance level, the trend shows signs of weakening. We still need to pay attention to the important resistance at 68,500 to see if it can rise again with volume. If it faces pressure, it will form a double top pattern.

However, during the short-term decline, the price has reached previous four-hour support levels multiple times. As long as it does not break these levels effectively, we can engage in high selling and low buying in the short term. On the hourly chart, a preliminary support has formed, and there will be a rebound after the dip. Bitcoin and Ethereum still need to pay attention to the support levels at 2,600 and 66,500 respectively, while the resistance above is at 2,700 and near 68,500. The market rhythm is relatively fast, so we need to focus on swing trading.

In the evening, we will enter long positions for Bitcoin around 66,600 to 66,900, targeting near 68,000; for Ethereum, we will enter long positions around 2,600 to 2,620, targeting near 2,680. The posts are effective, and specific guidance will be based on real-time updates. The posts are effective, and specific guidance will be based on real-time updates. Currently, the market outlook is relatively good, and I recommend swing trading for altcoins like ORDI, LPT, SOL, and UNI, with specific operations based on real-time guidance. For more strategies, you can follow the public account: Trader Liang Qiu.

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