Analyst Liang Qiu: On July 26, Bitcoin/Ethereum surged again, and the sustainability of the rally still needs to pay attention to Bitcoin.

CN
18 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 has rebounded sharply since last night's low, with Bitcoin breaking through 118,000 and reaching around 118,200, which aligns with expectations of starting to face pressure near the four-hour and daily moving averages. However, Ethereum has shown strong overall upward momentum, peaking at around 3,783. Our daytime strategy of raising the position for Ethereum has encountered a space of about 40 to 50 points. However, as long as Bitcoin rises and starts to face pressure and pull back, it will likely drag Ethereum down in the evening. Currently, as long as Bitcoin faces pressure around 118,000, it is highly likely to directly drop to around 112,000 next week.

Operational advice: Enter a long position for Bitcoin around 118,000, targeting around 116,000; enter a short position for Ethereum around 3,760, targeting around 3,680. If it breaks down, you can continue to look down to 115,000 and around 3,620.

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: Analyst Liang Qiu bb.

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