Trader Liang Qiu: 30.11 Bitcoin/Ethereum Divergence, Altcoins Soar Again
To be honest, the recent market conditions should be relatively friendly for our friends trading contracts, as both long and short positions can make a profit. However, the consolidation phase won't last too long, and a trend change is imminent. Last night, we once again laid out short positions for Bitcoin between 98300 and 98800 and for Ethereum between 3640 and 3670. After entering the market, the prices have indeed fluctuated downwards, reaching a low of 96400 and around 3560, with the short positions achieving a maximum of 2000 points and 80 points respectively. Currently, Ethereum is showing a divergence pattern, and the market has surged again. Over the past few days, Ethereum has been quite strong, displaying a trend similar to the strong movement of Bitcoin some time ago, coupled with altcoins also moving upwards. The market is expected to drive an increase, but during the operation, it is also necessary to manage the fluctuations and pay attention to breakouts.
In terms of Bitcoin's candlestick patterns, the recent prices have been fluctuating at high levels, with multiple long upper and lower shadows appearing on the candlesticks, indicating significant market divergence. On the daily chart, a certain degree of upward trend has formed over the past few days, but signs of a pullback appeared again last night. In terms of technical indicators, the MACD on the 4-hour cycle is in a positive zone, but the histogram is shortening, indicating weakening momentum, which may face adjustments. Recently, market sentiment has become more cautious, and more directional guidance may be needed in the short term.
The market is relatively good, and it is necessary to manage the fluctuations as the main focus, with the publication being effective, and specific guidance should be based on real-time instructions. #AI与GameFi市场表现