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. Last night, we laid out short positions around 73000 for Bitcoin and 2670 to 2700 for Ethereum. During the early morning market surge and pullback, Bitcoin's lowest point reached around 71900 and Ethereum around 2600, which is a decent overall range. Currently, the overall bullish sentiment is quite strong, especially for Bitcoin, where the strong get stronger. However, during last night's surge, Bitcoin reached a high of around 73760 before starting to pull back. As mentioned last night, when the market approaches the previous high of around 73880, do not chase the long positions; instead, focus on pulling up short positions, and look for opportunities to enter long after the market declines.
After Bitcoin's surge last night, the daily line closed with a bullish candle with an upper shadow around 62700. The body of the candlestick did not stabilize above 73000, and there is significant selling pressure near the previous high. Additionally, looking at the MA indicators, the 7-day and 10-day moving averages are both trending upwards. However, a rapid short-term rise in the market will be accompanied by a process of pullback and consolidation. Pay attention to the support around the moving averages, referencing 69500 and 2580. If the support holds during the subsequent pullback, the market will continue to rise along the moving averages.
In terms of operations, continue to enter short positions for Bitcoin around 72700 to 73000, targeting around 71500; for Ethereum, enter short positions around 2680 to 2700, targeting around 2620. The content is effective, and specific guidance will be based on real-time updates.
The content is effective, and specific guidance will be based on real-time updates. 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 the public account: Trader Liang Qiu.
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