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. Bitcoin continued to consolidate over the weekend, while Ethereum has once again broken through its recent high. The daily chart shows a series of upward trends with relatively small pullbacks, and the bottom support is gradually rising, indicating that there may still be further upward space. Our previous strategy has been very stable, which is to look for short positions after Ethereum breaks through its recent high, relying on the upper high points for a wave of pullback. Each time it comes down, the overall space is not small, which is the strategy we have shared multiple times before. After all, with a significant short-term rise, we must be cautious of pullbacks.

However, the current trend of Ethereum is quite similar to the doubling trend from the low of 2167 to around 4098 around January 2024. The overall upward movement is very obvious. The difference is that during that bull market, Bitcoin and altcoins all experienced a surge. It is still not advisable to chase after Ethereum after it hits a new high in the evening. Today's upward movement started from 3660 to 3680 for Ethereum, and this position can be seen as a new short-term support. The short-term resistance is around 3850 on the weekly level. If it breaks, the market will once again approach 4000. For those seeking stability, you can continue to look for pullbacks after each high, taking profits when possible. For those who want to go with the trend, you can look bullish based on the lower support, but be sure to set stop-loss orders in case of large fluctuations.

Evening operation suggestions: Bitcoin around 117000 to 117500, target around 119000; Ethereum around 3680 to 3710, target around 3800, with a break looking at around 3850, where you can first look for a wave of pullback.

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 guided in real-time. For more strategies, you can follow the public account: Analyst Liang Qiu bb.

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