Follow for more updates, 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 Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Last night, we set up short positions for Bitcoin at 110,000 and Ethereum at the 2840 to 2860 range. The market has since dropped to around 107,300 and 2740, showing a very good overall space. Currently, the market has entered a sideways consolidation again. A drop followed by sideways movement is a typical continuation pattern in a downtrend. After a period of repair and consolidation, the market will continue to decline. The primary support for Bitcoin to watch below is the four-hour lower boundary at 106,500, which coincides with the daily MA10 and 30-day moving averages. The market will test this support level again. Ethereum is overall relatively strong; after the drop, we should pay attention to the upper resistance around 2800, while the lower support to watch is around 2680.

In terms of operations, take profit on short positions and continue to enter short positions. For Bitcoin, continue to short around 107,800 to 108,300, targeting around 106,300; for Ethereum, short around 2770 to 2790, targeting around 2700, and if it breaks, we can continue to look lower.

Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations will be based on real-time guidance. For more strategies, you can follow the public account: Analyst Liang Qiu bb.

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