Trader Liang Qiu: 11.16 Bitcoin/Ethereum Trading Strategy with Market Analysis

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. Bitcoin and Ethereum have once again rebounded after building a bottom overnight, with Ethereum rising 150 points from last night's low to the current level, and Bitcoin rising 4000 points. The high short positions we laid out yesterday have also continuously issued profit-taking notifications, and the overall space is quite good. Additionally, last night's bottom-building rebound further confirmed the effectiveness of the support levels at 30000 and 87000 for Bitcoin and Ethereum. As the market reaches this point, approaching the weekend, it will still wait for a decision. I have emphasized multiple times in previous articles to pay attention to the pressure and support levels in the short term. For Bitcoin, focus on the 92000 and 87000 levels, while for Ethereum, pay attention to the 3000 to 3300 range.

On the four-hour level, Bitcoin has repeatedly surged, but the Bollinger Bands have not opened up, and the continuation of the bullish trend has eased. The short-term market still has a process of fluctuation, and the current surge is approaching the 92000 resistance level. As for Ethereum, it has started to move down the channel, with the overall trend showing repeated fluctuations between bullish and bearish, and the probability of a one-sided move in the short term is low. In terms of technical indicators, the MACD is currently in the bearish zone, with both DIF and DEA diverging downwards, indicating that there may be some adjustment pressure in the short term.

In terms of operations, enter short positions for Bitcoin around 91500 to 91800, targeting around 89500; for Ethereum, enter short positions around 3160 to 3180, targeting around 3080.

The article is effective, and specific guidance is based on real-time updates. Currently, the market conditions are 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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