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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have seen significant declines in the past two days, and the market sentiment has been perfectly validated. Currently, after the market retreated since last night, it has entered a narrow range of fluctuations, with an overall weak rebound trend. The larger trend still leans bearish, but there is a certain demand for a rebound after a short-term breakout. The key levels to watch are the resistance at 115,000 for Bitcoin and 3,580 for Ethereum. However, the market sentiment is weak, and the rebound is not obvious or strong. On the downside, watch for support at 112,000 and 3,350. If it breaks down again, the market will directly see levels below 110,000, with Bitcoin potentially dropping to 3,200. However, before any breakdown, we should observe the trend step by step.
From a four-hour perspective, after a rapid decline in the early morning, there has been some stabilization, but this stabilization is also weak and fluctuating without significant upward movement, indicating a continuation of the downtrend. However, in the short term, after a pullback, one can enter long positions relying on the short-term support below to bet on a weak rebound, and then enter short positions after a rise.
The operational suggestion is to enter long positions for Bitcoin around 113,000 to 113,500, targeting around 114,500; for Ethereum, enter long around 3,450 to 3,470, with a short-term target near 3,520. For the upper levels, enter around 3,530 to 3,550 and 114,500 to 115,000, while looking down at 3,450 and around 113,000.
Currently, the market sentiment is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading manner. Specific operations should be based on real-time guidance. For more strategies, you can follow the public account: Analyst Liang Qiu bb.
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