Trader Liang Qiu: 12.4 Bitcoin/Ethereum Long Position Take Profit, Preparing to Enter Short Position

The long position strategy for Bitcoin/Ethereum was perfectly laid out at a low level last night, with Ethereum exceeding expectations directly. However, we did not capture all the space, and Bitcoin has just reached the target near 96500, which can only be described as unsatisfactory. In the evening, with a significant increase in altcoins, Ethereum also welcomed another wave of rising markets. However, Bitcoin did not effectively drive this movement, and coupled with Ethereum's proximity to the weekly candlestick pressure around 3830, it is advisable not to chase long positions just for a little space below this position; instead, enter short positions directly.

On the four-hour chart, Bitcoin hasn't shown any significant trend changes and remains in a fluctuating trend. The upper resistance is at 97000, while support is at 93500. Currently, Ethereum's performance is indeed strong, but there is no need for excessive analysis; you can directly enter short positions around the current price of 3810.

In the early morning operations, enter short positions for Bitcoin around 96300 to 96800, targeting around 94500; for Ethereum, enter short positions in batches directly around 3810 to 3840, targeting around 3720. If it breaks, continue to look down, with the stop loss for Ethereum set at 3870. Currently, the market trend is dominant, and the publication is effective. Specific guidance is based on real-time assistance. The article's strategy is limited; refer to the homepage for guidance. #小非农数据创8月以来最低水平 #美国合规概念币走扬