Analyst Liang Qiu: The market logic after the surge and plunge of 3.3 Bitcoin/Ethereum

CN
18 hours 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!

You can follow the public account of analyst Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum once again staged a dramatic rise and fall last night, and the transition between long and short positions is particularly important. Our short position strategy laid out in the early morning saw Bitcoin drop by a thousand points, but Ethereum was able to gain 80 points. In fact, Bitcoin, during the breakout process, was raised again to enter short positions near 94,500, which helped to mitigate overall losses. Currently, after a surge, the market has pulled back, and there is still room for further declines. It is still possible to enter short positions on rallies; the impact of news is only temporary, and after digestion, it will still be a mess.

From a four-hour perspective, after Bitcoin and Ethereum began to rise and then fall, they closed with a bearish candle breaking the four-hour low. Pay attention to the support levels at the lower box around 89,500 and 2,360. It is expected to pull back to this position. This position is not only the lower edge of the short-term box structure on the daily level but also where the MA moving average indicator's short-term top and bottom conversion occurs. After the subsequent pullback forms support, it will continue to rise; if the support breaks, it will continue to fall. The market's breakout is not achieved overnight, nor is it about blindly high selling and low buying. Pay attention to the box and breakout situation to manage the waves effectively for stability.

In terms of operations, Liang Qiu suggests entering short positions for Bitcoin around 93,000 to 93,500, targeting around 91,000; for Ethereum, enter short positions around 2,450 to 2,480, targeting around 2,360, and if it breaks, continue to look down.

Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in waves, with specific operations based on real-time guidance. For more strategies, you can follow the public account: analyst Liang Qiu.

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