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 of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has risen from the low opening in the morning session, breaking through 3800 and the 100000 mark again in the evening. The trend seems to be strengthening again, but as the market approaches the 101800 to 102000 range, there is no need to chase long positions anymore. Our short position strategy laid out at 98000 and 3700 was stopped out as the market broke through 3750 and 98800. If we are wrong, we accept it and ensure a good connection between resistance and support. In the evening, as the market rises again, it is most appropriate to chase long positions only near the breakout resistance. Currently, with the market having risen, there is no need to chase; focus on pullbacks.
From a larger weekly cycle perspective, we are still in a bearish state. Until there is an effective breakthrough and stabilization, any rise remains an opportunity to enter short positions. Moving forward, Ethereum needs to pay attention to the MA7 daily moving average at around 3850 for resistance, while Bitcoin should focus on the important resistance at 102000 for potential pullbacks. In the four-hour trend channel, Bitcoin has repeatedly surged to this resistance level, and subsequent pullbacks may have considerable downward space. Aggressive traders can enter short positions directly, ensuring proper risk management.
In the early morning operations, enter short positions for Bitcoin around 100600 to 101000, targeting around 99000; for Ethereum, enter short positions around 3810 to 3840, targeting around 3720. If it breaks down, continue to look for targets at 3640 and 97000.
This post is time-sensitive, and specific guidance will be 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: analyst Liang Qiu.
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