Follow for more updates, with potential earnings in the millions. Hello everyone, I am analyst Liang Qiu. Here, I share my insights, 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/Ethereum experienced sideways fluctuations over the weekend, but the market remains high. Tomorrow, Monday, also means a potential change in the market trend, so be prepared for wave trading and follow the breakout. Yesterday during the day, I mentioned that the market's high-level consolidation is likely to form a continuation pattern in an upward trend, especially with the soaring altcoins. However, the current market is in a state of fluctuation, and there will be a process of pullback and consolidation in the evening. Pay attention to the support levels at 96000 and 3630. If the support holds, the market is expected to continue rising.
The hourly and four-hour charts are currently in a pullback and consolidation phase. The market experienced fluctuations over the weekend, with pressure above and support below. The upper range of 98000 to 98500 remains a short-term resistance level. In terms of technical indicators, the MACD on the four-hour cycle shows that both DIF and DEA are above the zero axis, but the MACD histogram has turned from positive to negative, indicating a weakening of short-term momentum. Currently, the market is in a high area, with increased trading volume accompanying intensified price fluctuations, which may signal a potential change in the market trend. Be ready for a trend change at any time and focus on wave trading.
In the evening, for operations, enter long positions for Bitcoin around 96000 to 96400, targeting 98000; for Ethereum, enter long positions around 3630 to 3660, targeting near 3740.
The post is effective, and specific guidance will be based on real-time updates. Currently, the market outlook is relatively good. I recommend wave trading for altcoins like ORDI, LPT, SOL, and UNI, with specific operations based on real-time guidance. For more strategies, please follow the public account: Trader Liang Qiu.
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