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 has been declining since the high opening yesterday morning, with Bitcoin dropping nearly 10,000 points and Ethereum overall dropping nearly 600 points. The decline is relatively large, continuing the downward trend after a rapid drop at the beginning of the month. We have been continuously laying out short positions since the high, and friends who are rooted have also filled their spaces directly. From a weekly perspective, the major downward trend still exists, and there is further room for decline, especially since the previous rise was quite rapid.
However, in the short term, there are signs of stabilization in the market. Pay attention to the support line at the low point after today's market decline. If it continues to break down, the market will continue to fall, with a focus on the support at the low point of 86,000. On the four-hour and hourly charts, Ethereum has also started to stabilize and rebound first. If it fails to break down multiple times, it will rise.
In the early morning operations, Liang Qiu suggests entering long positions for Bitcoin around 86,200 to 86,700, with a target near 88,600; for Ethereum, enter long around 2,360 to 2,390, with a target near 2,460.
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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