Analyst Liang Qiu: On March 13, Bitcoin/Ethereum long positions took profit in the early morning. Pay attention to the rise and fall in the morning session.

CN
8 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 rebounded after hitting the bottom again last night. I continuously laid out two long positions during the pullback last night, with the first position exiting at breakeven. Then, I laid out long positions again around 81600 and 1850 in the early morning, and the market rose as expected to around 84000 and 1916. The overall upward space is quite good, and all previous posts are visible. Currently, the market is still in a state of fluctuation, with Ethereum overall being weak. The trend has not broken, and the market is expected to continue to see highs and then pull back in the morning.

From the four-hour and daily charts, the market has shown weakness in multiple upward attempts, with a trend of rising and then falling. According to the daily MA indicators, the 7-day and 10-day moving averages are still turning downwards. Bitcoin is under pressure from the 10-day moving average at around 85000, and Ethereum will also rise and then fall, with resistance at around 1950. In the morning, we look for market repair and consolidation, paying attention to the fluctuation range. It is expected that the subsequent fluctuation range will gradually narrow and even change, so be ready for the trend at any time.

In terms of operations, take profit on long positions and prepare to enter short positions. Enter short positions for Bitcoin around 83800 to 84300, targeting around 82000; for Ethereum, enter short positions around 1905 to 1920, targeting around 1840.

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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