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Gu Jingci: 5.9 Bitcoin/Ethereum Trading Strategy with Market Analysis
Since the previous continued short positions around 82,700 and 2,415 on Bitcoin/Ethereum, yesterday's new short positions were added near 2,280 to 2,300 and around 79,500 to 80,000. Currently, some positions are trapped, but it's not a big issue. The strategy from last night was very clear: there is obvious resistance at the upper levels of 81,000 and 2,340 to 2,350. If the price rises to around 80,500 and 2,310 to 2,320, you can add to your shorts directly. Be patient and wait for the market to decline. If you're already trapped and can't handle it, it's better not to trade. We never chase after big moves of hundreds of points or small gains of twenty or thirty points. Focus on following the trend and capturing the space.
For friends holding short positions, add to your positions directly. The average price is around 2,300 and 80,000. For those without positions, continue to short at the current price of 80,400 and 2,315. Short-term targets are around 77,500 to 78,500 and 2,210 to 2,250, with the next support at 2,360 and 81,300.