Blockchain Liangqiu: On 10.24, after taking profit on long positions for Bitcoin/Ethereum late last night, the pullback continues to enter long positions.

CN
5 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. Looking at the recent trends of Bitcoin and Ethereum, it seems that the trend is about to be confirmed again, with overall volatility significantly increasing. Our strategy of placing long orders at 66,000 and 2,490 during the late night last night has seen targets of 2,550 and around 67,500 nearly all reached. During the morning surge, we also timely issued take-profit signals, and all previous posts are visible. Congratulations to those who followed the strategy. Currently, the market is experiencing high-level fluctuations during the day, with Bitcoin oscillating back and forth by four to five hundred points since the morning surge, showing limited volatility. From a four-hour perspective, there is still room to push towards 68,000 and 2,600.

From the Bitcoin candlestick pattern, the recent price has been fluctuating at a high level, with several candlesticks showing long upper and lower shadows, indicating market divergence, with pressure above and support below. On the daily level, after two consecutive large bearish candlesticks, a long lower shadow appears, indicating signs of easing bearish pressure, and a rebound is currently occurring. In terms of technical indicators, the MACD on the four-hour cycle shows both DIF and DEA are negative, and the MACD histogram continues to be below the zero axis, indicating that we are still in a bearish trend, but there are signs of contraction, which may face a rebound. Combining the current market situation, once the daily chart stabilizes, bulls are expected to see another breakout, but it is advisable to focus on swing trading.

In terms of operations, continue to enter long positions for Bitcoin around 66,600 to 67,000, targeting near 68,000; for Ethereum, enter long positions around 2,510 to 2,540, targeting near 2,590. 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, recommending altcoins like ORDI, LPT, SOL, and UNI for swing trading, with specific operations based on real-time guidance. For more strategies, please follow the public account: Trader Liang Qiu.

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