Trader Liang Qiu: 11.21 Bitcoin/Ethereum Long Position Take Profit, Preparing for Short Entry in the Early Morning

Bitcoin/Ethereum daytime layout again targets long positions near 92000 and 3100, aiming for 93800 and 3180. During the evening market surge, Bitcoin directly broke new highs again reaching around 94850, and Ethereum also approached around 3162. Long positions captured a relatively large space again, which can be seen in my previous posts. There has been a strange phenomenon in trading during this period; firstly, many people were hesitant to enter long positions near 91500 yesterday and today, citing reasons such as potential declines or poor entry points. In fact, I have mentioned multiple times in my previous posts that the strong remain strong, and Bitcoin will break new highs, which has proven to be true.

Currently, after Bitcoin surged to the 94850 line, the 15-minute price candlestick has repeatedly surged but also showed a noticeable pullback. On the daily chart, this can be viewed as today's high point. Additionally, now at 12 AM, after the four-hour closing, it has started to oscillate and decline, with bullish volume shrinking. Although it is still in a bullish trend, during the evening surge, one could attempt a short position entry while monitoring the 92000 line below. Ethereum's overall trend is relatively weak, with support at the 3050 line below. If it breaks down, the market could continue to decline towards 3000 points.

In the early morning, short positions for Bitcoin are to be entered around 94300 to 94800, targeting around 92800; for Ethereum, enter short positions around 3110 to 3140, targeting around 3050. Manage profits on your own, no real-time reminders will be given. Currently, the main focus is on wave trading; the posts are effective, and specific guidance should be based on real-time instructions. #BTC何时突破10万？ #BTC再次刷新历史高点