Analyst Liang Qiu: 10.26 Bitcoin/Ethereum Operation Strategy with Market Analysis

CN
9 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. Bitcoin/Ethereum continued to consolidate over the weekend with overall weak continuation of both long and short positions. Currently, the market is at the middle track of the daily Bollinger Bands, watching to see if it can break out with volume. On the weekly level, there is some pressure at 113000 and 4030. Pay attention to the breakout situation at this position. The overall trend of the market is relatively strong, with the lower lows continuously rising, and the overall volatility is narrowing, indicating that a market change is imminent.

From the daily MA indicators, the 7-day and 10-day moving averages are running flat after overlapping, showing no obvious trend. The moving average support is at 109500 and 3880. However, after multiple highs, the market is consolidating, and we can expect a pullback as prolonged consolidation often leads to a drop. Pay attention to whether the moving average support is effective.

In terms of operations, it is recommended to short Bitcoin around 111700 to 112200, with a target near 110300; for Ethereum, short around 3950 to 3970, with a target near 3880, and for the nephew, 113000 and 4020.

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

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