Analyst Liang Qiu: On July 14, Bitcoin is expected to continue to see further declines in the evening.

CN
6 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 Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. After breaking a new high today, Bitcoin has once again surged and then retreated. We positioned ourselves in the range of 121500 to 122000 and around 3040 to 3060 for the Kongsan Silk Road. Although the entry was somewhat aggressive, I repeatedly reminded to hold patiently and wait for the surge and subsequent drop; overall, there is still some room. Currently, the market has retreated somewhat, and the four-hour chart is about to close, showing a surge followed by a retreat and a bearish candle, especially in the case of Bitcoin, which has been oscillating downwards after the surge without a decent rebound. We can expect further declines in the evening.

On a day like today, I believe many people are chasing the rise. I mentioned several times during the day that the trend of breaking new highs is indeed strong and undeniable, but once a short-term surge occurs and it hangs at the peak, subsequent pullbacks can be very uncomfortable. As long as we break the high point and enter short positions in batches below the peak, we can gradually test the upper resistance. Even if we get temporarily stuck, it won't be too much, and there won't be too much psychological pressure.

Evening operation suggestions: continue to enter Bitcoin around 120300 to 121000, targeting around 118000; for Ethereum, continue to enter around 3030 to 3050, targeting around 2950.

Currently, the market conditions are 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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