Trader Liang Qiu: 11.6 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
13 days 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!

First published on the public account, you can follow the public account Trader Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum fluctuated back and forth last night to the morning session due to news, with Bitcoin once rising to around 71,400. Currently, it is not possible to chase long positions; we are directly looking at the resistance around 71,500 to 72,000 for a pullback, with support at around 69,000. The short-term rise is quite strong, largely stimulated by news. Once the news settles, it will be chaotic. However, for this kind of news-driven market, make sure to arrange your positions well and pay attention to the waves. Currently, the market has risen significantly in the short term; pay attention to the resistance and consider shorting, while keeping a good stop loss.

Enter a short position for Bitcoin at the current price around 71,300, targeting around 69,300; enter a short position for Ethereum at the current price around 2,505, targeting around 2,410, with stop losses set at 2,540 and 72,000 respectively.

The post is time-sensitive, and specific guidance will be based on real-time updates. 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: Trader Liang Qiu.

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