Follow for more updates, with potential earnings in the millions. Hello everyone, I am analyst Liang Qiu, and I am here to share my insights, hoping that every friend who follows can achieve good returns!
You can follow the public account of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum experienced another wave of significant fluctuations last night, with a large overall range. The retracement long positions we set up last night just reached the target of 2860 (with a high of 2868), and Bitcoin approached around 100750. Overall, there is still good potential for profit, but after a rise in the early morning, it quickly fell again, which is continuously testing the upper pressure. Once the testing is complete, the market will continue to rise. The daily structure of Bitcoin shows a strong overall trend, with multiple fluctuations in the past few days, and the entity K-line has consistently held above the 97500 line. However, it is important to manage positions during this pinning market.
In terms of the K-line pattern for Bitcoin/Ethereum, the recent price has been oscillating at a high level, showing significant volatility. The repeated highs and subsequent falls with long upper shadows indicate heavy selling pressure above. In the daily K-line chart, several consecutive days of bearish candles indicate a bearish market sentiment. On the technical indicators, the 4-hour MACD is below the zero axis, with both DIF and DEA being negative, and there are signs of divergence, indicating short-term downward pressure. However, after multiple retracements, the support below is continuously strengthening, and we can gradually enter long positions relying on this support.
In terms of operations, Liang Qiu suggests entering long positions for Bitcoin around 96800 to 97400, with a target near 10000; for Ethereum, enter long positions around 2680 to 2710, with a target near 2800.
The post is effective, and specific guidance will be based on real-time updates. Currently, the market conditions are relatively good, and 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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