Blockchain Liangqiu: 10.26 Bitcoin/Ethereum Evening Strategy Analysis

CN
7 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!

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. After a rapid decline in Bitcoin/Ethereum since early morning, a rebound followed. We decisively laid out long positions during the rebound process. Due to the overall small fluctuations over the weekend, we also took timely profits to secure gains. Currently, the market is experiencing a pullback again, especially for Ethereum, where the trend is noticeably weaker. In this market, we can still focus on a narrow range of oscillation trends. Friends who can't keep up with the rhythm can communicate and exchange more. After the back-and-forth oscillation, the Bollinger Bands for Bitcoin on the hourly chart are starting to narrow, which aligns with the expectation of narrow fluctuations over the weekend. We will focus on the support levels of 2430 and 66000 below.

In fact, during the process of laying out long positions on the pullback in the morning, we mentioned that Bitcoin's recent decline did not break below the low point of the previous few days, which is around 65200. Therefore, when the pullback opportunity arises, we can enter long positions. In terms of candlestick patterns, the recent price has been oscillating at a high level, showing long upper shadows in the candlesticks, indicating heavy selling pressure above. The pin bars up and down in the past two days also indicate that market sentiment is fluctuating wildly. On the technical indicators, the current MACD's DIF and DEA are both negative, and the MACD histogram is green, indicating that short-term bearish forces are dominant but showing signs of weakening.

In the evening operations, enter long positions for Bitcoin around 66400 to 66800, targeting near 68000; for Ethereum, enter long positions around 2430 to 2450, targeting near 2520. The posts are effective, and specific guidance will be based on real-time instructions. The posts are effective, and specific guidance will be based on real-time instructions. 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, you can follow the public account: Trader Liang Qiu.

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