Analyst Liangqiu: 1.2 Bitcoin/Ethereum Evening Market Analysis

Bitcoin/Ethereum began to rebound significantly after hitting a low yesterday afternoon, with Bitcoin rebounding over 4,000 points from 92,800 to 96,900, and Ethereum rebounding 170 points from 3,312 to 3,484. This type of steadily oscillating upward market is actually the hardest to control. In the evening, it is crucial to focus on the resistance levels around 98,000 and 3,540, as a pullback is expected. Currently, this position is not suitable for chasing longs.

On the four-hour chart, the levels continue to rise, with the recent candlesticks showing a clear upward trend. The daily moving average indicators have also directly broken through the 7-day and 10-day moving averages at 3,400 and 95,000, respectively, with the overall oscillation range shifting upwards. On the technical indicators, the MACD histogram is gradually increasing, and the DIF line has crossed above the DEA line, forming a golden cross, indicating that the market is in a bullish trend. However, under the pressure of the tug-of-war between bulls and bears above, the focus this evening is on a pullback.

For evening operations, Liangqiu suggests shorting Bitcoin around 96,900 to 97,500, targeting near 95,000; and shorting Ethereum around 3,480 to 3,510, targeting near 3,400. In fact, many friends who have been continuously positioning themselves recently can see the ongoing profits clearly. Currently, the market is mainly in a wave pattern, and the publication is effective, with real-time guidance being the priority. #币安Alpha公布第10批项目