Trader Liang Qiu: 11.21 Bitcoin/Ethereum long position take profit, preparing to enter short position after a rise in the early morning.

CN
3 days 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!

First published on the public account, you can follow the public account Trader Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has once again laid out long positions around 92000 and 3100, targeting 93800 and 3180. During the evening market surge, Bitcoin directly broke the new high again, reaching around 94850, while Ethereum also approached around 3162, with long positions capturing a significant space, which can be seen in previous posts. Recently, there has been a strange phenomenon in trading; first, many people were hesitant to enter long positions around 91500 yesterday and today, either saying it would drop or raising various concerns about the entry point. In fact, I have mentioned multiple times in previous posts that the strong will remain strong, and Bitcoin will break new highs, which has proven to be the case.

Currently, after Bitcoin surged to the 94850 line, the 15-minute price candlestick has repeatedly surged but also showed noticeable pullbacks, which can be seen as today's high point on the daily chart. Moreover, after the four-hour closing at midnight, it has started to oscillate and decline, with bullish momentum shrinking. Although it is still in a bullish trend, during the evening surge, one could attempt to enter short positions on a pullback, paying attention to the support level around 92000. The overall trend for Ethereum is relatively weak, with support at the 3050 line. If it breaks below, the market may continue to decline to around 3000 points.

In the early morning operations, enter short positions for Bitcoin around 94300 to 94800, targeting around 92800; for Ethereum, enter short positions around 3110 to 3140, targeting around 3050.

The posts are effective, with specific guidance based on real-time updates. Currently, the market conditions are 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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