Analyst Liang Qiu: 7.9 Bitcoin Sideways Fluctuation, Yita's Multiple High Rallies, The Final Carnival?
Every arrival of the shipping situation touches a recent high before starting to decline. Yita again surged in the afternoon, breaking the recent high point, reaching around 2649, while Bitcoin remained still. In fact, the repeated high rallies in the shipping situation tell us that a bull market in shipping first sees Bitcoin start to rally multiple times before beginning to consolidate, waiting for Yita and the altcoins to surge. However, since this round of shipping, altcoins have generally collapsed, and Yita has begun to rebound amidst Bitcoin's multiple sideways movements, which is consistent with an alternating rising pattern. However, once the alternating rise breaks the high point, it also indicates the end of the carnival, and a significant drop is imminent.
Last night, I mentioned that on April 2nd, due to tariff policy impacts, the shipping situation rebounded from the bottom, and Yita has even doubled in value. Now we are back at an important juncture regarding tariffs; regardless of whether the news is good or bad, it will eventually land, and landing also signifies the end of this round of shipping. Currently, pursuing highs at this position holds no significance whatsoever. Even the current rally is a good opportunity for medium to long-term layout. Bitcoin and Yita can be looked at for medium to long-term targets of around 90000 and 2000 respectively, and this timing is not too late. There is a high probability that it can be realized before the end of next month, but in the meantime, one must manage long and short fluctuations.
Short-term operation suggestions: BTC: range around 108800 to 109300, target around 107000; ETH: range around 2625 to 2640, target around 2550.
[The above analysis and strategies are for reference only, please bear the risks yourself. The article's review and publication may lack timeliness; please refer to real-time information for specifics.] #突破交易策略