Gu Jingci: On 4.17, Bitcoin/Ethereum short positions were forced to close at a loss as the market pulled higher; tonight's outlook remains bearish.



The short-term strategy for Bitcoin/Ethereum during the daytime session was forced to close at a loss; if wrong, you must admit it. However, the bearish outlook remains unchanged. The recent surge was entirely driven by Trump's statements, which initially digested positive news from negotiations, but such news can also be reversed by subsequent market sentiment. As previously mentioned, successful negotiations are highly unlikely; these artificially positive news are ultimately just bubbles. We continue to expect a major decline.

Evening trading advice: Enter short positions on Bitcoin at the current price of 76,500, with short-term targets around 73,500 to 74,500; enter short positions on Ethereum at the current price of 2,410, with short-term targets around 2,280 to 2,330. If broken, continue to watch for 71,000 and 2,150 levels, with potential targets at 78,000 and 2,460.

We are here every day, not to prove how high our win rate is, but to tell you that our team has always been here, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only; please manage your own risks. The article's review and publication do not guarantee timeliness; please rely on real-time data.
BTC2.9%
ETH3.15%
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CloseAllPositions2
· 9h ago
This is a rocket, where does the waterfall go?
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EarnEnoughToReach1Million
· 10h ago
Keep going, President Gu
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TheElephantSitsOnThe
· 11h ago
It feels like we're going to lose again.
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