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. Recently, I repeatedly reminded to enter long positions around 66,000 for Bitcoin/Ethereum, and just in the past two days, I warned not to chase long positions as Bitcoin approached the previous high of 73,800, suggesting to enter short positions instead. The market's decline in the evening perfectly validated this, and all previous posts are visible. Currently, the market trend is very weak. Many people see the price rise and expect it to reach 80,000, while when it falls, they predict it will drop to 50,000, which is completely unreasonable. On November 5th, the U.S. presidential election will take place, and there is no need to overly speculate on bullish or bearish trends before that.

Since this round of Bitcoin's rise, it has also broken through the previous important support and resistance level, which is the range of 69,000 to 69,500. Looking at the MA moving average indicators, this position corresponds exactly to the 7-day and 10-day moving averages. This means that as long as this position does not break in the short term, there will be a rebound. However, the market is currently breaking down, and in the past two days, Bitcoin has repeatedly contested around the 72,500 level, which can be viewed as short-term resistance. For Ethereum, reference levels of 2,650 and 2,520 can be used as resistance and support.

In the early morning operations, enter long positions for Bitcoin around 69,800 to 70,300, targeting around 71,500; for Ethereum, enter long positions around 2,520 to 2,540, targeting around 2,600.

The posts are effective, and specific guidance is 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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