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. After repeatedly breaking new highs yesterday, Bitcoin started to pull back. We also positioned ourselves above 118200 and 3020, 3000 on the Kongsan Silk Road. The market surged and then fell back, and the overall space is still quite good. Even after another drop last night, we reminded that there is still room for further decline after the rebound in the early morning, which has been validated. Currently, the market has rebounded, but the strength is not very strong. We still pay attention to the resistance at the high point above, and with the weekly closing approaching, the probability of breaking through the weekly high is indeed low. Additionally, the overall volatility during the weekend is not large, and there is an expectation for further downward correction.

In terms of K-line patterns, the daily level shows that the price has quickly risen from the low point recently, forming a strong upward trend, and is currently showing signs of a pullback. On the 4-hour level, after high-level fluctuations, it has turned into a downward consolidation. The current K-line shows a long upper shadow, indicating heavy selling pressure above. In terms of technical indicators, the 4-hour MACD histogram is gradually shortening, and the fast and slow lines are starting to converge, with a risk of a death cross and weakening momentum.

In terms of operations, it is recommended to trade BTC: around 117800 to 118500, with a short-term target near 116000; ETH: around 2970 to 3000, with a target near 2920. If it breaks down, continue to look down, with support at 112000 and around 2780.

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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