Analyst Liang Qiu: Bitcoin's Auntie pushes high again at 7.8 in the evening, time for Kong Dan

Bitcoin’s Auntie, we are reconfiguring our layout for 1,083,000 to 1,088,000 and around 2,550 to 2,570 for Kong Dan. Currently, during the evening's high push, friends who entered aggressively might be somewhat trapped, but it’s not a big problem. The market is still expected to push high and then pull back tonight. The 8-hour Bollinger Bands have started to tighten significantly, and the market has reached the upper Bollinger Band area, which corresponds to the resistance zone around 1,095,000 to 1,100,000. The recent daily high for Auntie has also not broken through, so there’s no need to chase long positions.

In fact, this round of market movement has risen significantly since the low of 74,000 and around 1,380 after the tariff policy at the beginning of April. This month is also a critical moment for policy implementation, and at the same time facing the repeated highs of Bitcoin, it’s prudent to be cautious about chasing long positions. If Kong Dan's position is arranged well, there shouldn't be too many problems. Friends with Kong Dan can continue to hold patiently, and those without can directly enter Kong.

Evening suggestion for BTC: Current price 1,088,00 Kong, short-term target around 1,072,00; ETH: Current around 2,580 Kong, target around 2,500, and if it breaks, we can continue to look down.

【The above analysis and strategy are for reference only, risks are to be borne by yourself. The article's review and publication do not have timeliness, specifics should be based on real-time data】 #币安八周年