Trader Liang Qiu: 11.19 Bitcoin/Ethereum Trading Strategy with Market Analysis
Bitcoin/Ethereum has been oscillating sideways multiple times in the past few days, with continuous high-level consolidation. Yesterday, we again laid out a long position strategy around 90800 to 91200 for Bitcoin and 3070 to 3100 for Ethereum, with target levels of 93000 and 3200 respectively. Bitcoin reached a high of 92700, which was a bit below expectations, while Ethereum achieved a substantial gain of over a hundred points, all of which can be seen in previous posts. Currently, Bitcoin/Ethereum has once again experienced a rise followed by a fall in the evening, with multiple downward tests and a declining high point, and the market is expected to face another decline, especially for Bitcoin, which has seen considerable short-term upward movement.
The Bitcoin K-line pattern has been consolidating sideways for several days. Additionally, there has been fierce competition between bulls and bears in the past couple of days, with pressure above and support below. On the technical indicators, the current MACD DIF and DEA are both negative, and the MACD histogram shows green bars, indicating that it is still in a downtrend in the short term, but showing signs of contraction. Currently, attention should be paid to rhythm control in the market, holding online, and exiting when the price breaks.
In terms of operation, Bitcoin's current price is around 92400 to 92700 to enter a short position, targeting around 90500; Ethereum's current price is around 3125 to 3150 to enter a short position, targeting around 3050. Currently, the market operates mainly in waves, and the posts are effective, focusing on real-time guidance. #比特币ETF期权上线 #上市公司比特币战略