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. The rapid decline of Bitcoin/Ethereum from last night to this morning has made Ethereum's trend increasingly resemble that of altcoins, continuously rising and falling without a lower limit. From Bitcoin's trend, the current drop has reached a low of around 68800, starting to rebound. The previously mentioned support at 69000 is still valid, and the support has not been broken, indicating that there is still a demand for further rebound and rise. Moreover, this position coincides with the lower band of the four-hour Bollinger Bands, which serves as corresponding support. However, this drop has directly broken the four-hour horizontal consolidation range, with resistance still present in the range of 71500 to 72000.

Both the hourly and four-hour charts have started to rebound. Tonight, the main focus is still on the rebound, but the market trend will be relatively slow before the U.S. elections, so it is advisable to focus on swing trading, as there is no clear trend. Although this wave of decline has been relatively large, the weekly chart has not broken down, and looking ahead, we rely on the four-hour and bottom structure to remain bullish, with support around 69000 to 69500.

For tonight's operations, enter long positions for Bitcoin around 69500 to 69800, targeting near 71000; for Ethereum, enter long positions around 2480 to 2510, targeting near 2560.

The post is effective, and specific guidance will be based on real-time updates. Currently, the market conditions are relatively good. I recommend swing trading 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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