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. Life has no drafts, and time should not be wasted. Continuously move towards a goal, allowing dreams to become reality, is what we should be doing right now. Bitcoin/Ethereum has been experiencing continuous fluctuations these days. Last night, Bitcoin and Ethereum dipped to 85,800 and 1,980 respectively, then weakly rebounded to around 87,700 and 2,036. Tonight, it dipped again to 85,700 and 1,985, followed by narrow fluctuations. The overall volatility is not large, which is also brewing a significant market trend. After two consecutive bearish days on the daily chart, today's overall rebound strength is not very strong. Although there was some rebound in the evening, the strength is not strong, and there is considerable pressure above.
In terms of Bitcoin/Ethereum K-line patterns, the recent price has formed a consolidation pattern. The daily chart shows multiple long upper shadows, indicating heavy selling pressure above. On the technical indicators, MACD shows a death cross, with both DIF and DEA moving downward, indicating potential short-term pullback pressure. Tonight, we can expect a rise followed by a fall.
In terms of operations, Liang Qiu suggests shorting Bitcoin around 87,500 to 88,000, with a target near 85,500; for Ethereum, short around 2,020 to 2,040, with a target near 1,960.
Currently, the market outlook is 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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