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You can follow the public account Analyst Liang Qiu bb, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum were repeatedly reminded of the levels around 4380 and 123000 last night. After a surge in the evening, the market fell all the way down to around 4260 and 119500. The overall space is still quite large, with Bitcoin exceeding 3500 points and Ethereum also exceeding 120 points. Congratulations to those who followed. Currently, the market has rebounded, but a rebound does not mean a reversal, especially since the rebound strength of Bitcoin is not significant. This is merely a market correction after a rapid decline and has not broken the pressure level from yesterday.
In terms of K-line patterns, there have been significant fluctuations in recent days, with each major drop followed by a rebound, but the rebound strength is gradually weakening. The current price is oscillating at a high level, forming a slight pullback trend. On the technical indicators, the 4-hour MACD is in the negative zone, and the histogram continues to shrink, indicating that the bearish strength is weakening, but it has not yet turned into a clear bullish trend. From the daily and four-hour moving average indicators, the upper pressure levels at 122500 and 4420 are clearly under pressure, so it is advisable to enter short positions in batches below the pressure level.
Operational suggestions: Enter short positions for Bitcoin around 121500 to 122000, with a target near 119500; for Ethereum, enter short positions around 4370 to 4400, with a target near 4280.
Currently, the market outlook is relatively good. I recommend trading altcoins like ORDI, LPT, SOL, and UNI in a swing trading 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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