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Gujingci: 4.22 Bitcoin/Ethereum Trading Strategy with Market Analysis
Yesterday’s short trade setup for Bitcoin/Ethereum again: in the early morning, it dipped for a longer probe near 74,700 and 2,285, and overall it also had solid room. Currently, the market is pushing higher again by borrowing the ceasefire news in the background, but this rally does not bring any real positive development—it’s only being boosted by the news, and the market will continue to surge higher before eventually pulling back.
Trading suggestion: For Bitcoin, enter a short directly around the current price of 77,200, with targets near 73,500 to 75,000; for Ethereum, enter a short directly around the current price of 2,360, with targets near 2,240 to 2,280.
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