Analyst Liang Qiu: On December 15, Bitcoin/Ethereum prices remain high. What is the intention behind this?

CN
12 days 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 of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have experienced multiple high-level fluctuations in the market these days. Yesterday, we laid out a strategy of going short first and then long, which has continued to yield profits. First, we entered short positions at high levels of 102500 and 3940 in the morning, and then in the evening, we took profits on the low short positions and entered long positions at 100500 to 101000 and 3820 to 3850. The market has risen again, and the overall space has been fully utilized. In previous articles, I have emphasized multiple times that the overall market is still in a bullish trend. The MA moving average indicators are arranged upwards, and as long as the support below does not break, there is still room for further upward movement in the market.

From the four-hour and daily levels, the market has repeatedly tested the support below without effectively breaking it. This kind of upward movement after accumulation will be even stronger, and the lower lows are continuously rising. Especially for Bitcoin, we should pay close attention to the situation around the 99500 level, which has been emphasized multiple times in recent days. For Ethereum, we should focus on the 3800 level and its subsequent performance for potential gains. However, it is still the weekend, presenting a fluctuating pattern, so we should patiently wait for a new round of market movement after the weekly close. A bull market does not mean a one-sided rise, especially in this stage of breaking new highs. It is necessary to have adjustments that test the bottom support and then accumulate strength to push higher for structural repair.

Now let's take a look at the current Bitcoin market. After the previous breakout and rise, the top and bottom have started to convert. Currently, the area around 99500 is a strong support zone, so we can gradually build long positions above this low point.

In terms of operations, enter long positions for Bitcoin around 100600 to 101200, targeting around 102800; for Ethereum, enter long positions around 3810 to 3840, targeting around 3920.

The publication 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: analyst Liang Qiu.

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