Liangqiu: 11.8 Bitcoin/Ethereum Operation Strategy with Market Analysis

CN
8 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 "I am Liang Qiu," focusing on mainstream coin guidance and layout. Bitcoin/Ethereum experienced significant volatility overnight, with clear trends showing further strengthening. Our layout strategy from yesterday had some adjustments, but overall, after breaking through, the losses were not substantial. Currently, Bitcoin/Ethereum has broken through 102,000 and 3,400, and we will pay attention to whether it can stabilize at this position for further upward movement. On the daily chart, the key levels to watch above are 104,000 and 3,480 for short-term resistance. Once broken, it will be smooth sailing, but we can first look for a wave of correction and consolidation over the weekend.

From the four-hour perspective, Bitcoin has seen a rise and then a pullback, while Ethereum's trend has clearly strengthened. During the previous live broadcast, I mentioned that if Bitcoin is in a sideways or slightly upward trend, and altcoins are in a general upward state, then the market still has room for further increases. Hold positions and exit if broken. On the daily MA indicators, the 7-day moving average is currently at 3,488 and 104,200, which were not broken during the early morning. Over the weekend, we can look for a short-term pullback and decline during the correction process.

Trading suggestions: Short Bitcoin at 103,200-103,600, targeting around 101,800; Short Ethereum at 3,460-3,480, targeting around 3,380.

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: "I am Liang Qiu."

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