Analyst Liangqiu: 2.27BTC/Ethereum Evening Market Analysis

BTC/Ethereum has been relatively weak in the market these days, and there has been no decent rally from the day session to the evening. It's just a market correction. We are considering to enter long positions again around 85000 and 2320 in the day session. The market has oscillated and rallied all the way to around 87000 and 2380, and long positions can also capture some space. Currently, the market has returned to the point where it fell last night. We are watching whether there will be a surge in volume in the evening. If it cannot break through, it will continue to rise and fall.

The daily and weekly charts continue to show a downward trend, with no significant change in the trend. It was mentioned in the morning that there would be a process of repairing, pulling up, and consolidating the market, but it is not a reversal, and the rally will continue to decline. The support below refers to the daily low of 82000 and the support at 2250. The short-term hourly Bollinger Bands have started to press down, with resistance already appearing above. It is advisable to handle the evening session with a high rebound and fall strategy.

In the evening, Liangqiu suggested shorting BTC around 87000 to 87500, with a target near 85000; shorting Ethereum around 2380 to 2400, with a target near 2310.
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