Gu Jingci: 5.19 Bitcoin/Ethereum longs and shorts continue to perform, with evening market analysis



The short idea earlier around 82,000 for Bitcoin and around 2,400 for Ethereum—I've been consistently reminding you about it. Last night in the early hours there was a pullback to look for a bullish move, and then today during the daytime session we saw another attempt to push higher, followed by a pullback and decline—everything was in line with expectations. At present, after the market dips, the move lacks follow-through and it’s still in a narrow-range consolidation. The support below is definite—so you could say it’s entering a narrow-range consolidation trend with resistance above under pressure and support below. This is also a feature after a rapid rise or rapid fall. Although the oscillation range isn’t large, it still allows you to capture a certain amount of space through high-selling and low-buying. After that, the overall price swings will gradually expand until the next one-way trend.

In the evening, take profit on short positions and prepare to enter long positions. For reference, enter longs for Bitcoin around 76,000 to 76,500, with targets near 77,500 to 78,500; enter longs for Ethereum around 2,090 to 2,110, with targets near 2,160 to 2,190; and for the grandnephew, 75,500 and 2,050.

#TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币 #Polymarket每日热点 #特朗普推迟打击伊朗
BTC0.39%
ETH0.79%
PYTH-7.75%
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BothFavorableWindsAndSmooth
· 3h ago
Still comfortable to open a short position; opening a long position is too tedious.
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WhenOpeningAPosition,AStopLoss
· 3h ago
Just charge forward 👊
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Daxiao李
· 4h ago
The initial short position idea around 82,000 and near 2,400 has been consistently reminded. Last night’s early pullback indicated a bullish trend, followed by today’s daytime session showing a rebound to high levels and then falling back down, all in line with expectations. Currently, after the market’s decline, the momentum is weak, and it remains in a narrow range of oscillation. The support below is definite, and it can be said that the market is entering a narrow fluctuation trend with resistance above and support below. This is also typical after a rapid rise or fall.
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GuJingci
· 6h ago
Steadfast HODL💎
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GuJingci
· 6h ago
Hop on now!🚗
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GuJingci
· 6h ago
Just charge forward 👊
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