Gu Jingci: 6.4 Bitcoin/Ethereum Trading Strategy and Market Analysis



Honestly, the strategy I laid out for Bitcoin/Ethereum these past few days is a bit painful—there are both wins and losses, but overall there are more losses, and that can’t be denied. In the early morning, a sudden spike pierced through and then came to 1766 and 64600, before rising to around 1850 and 65700. After that, it fell again in a waterfall drop to around 1715 and 61300. Right afterward, it began a rebound and rally, rising to around 64700 and 1817. The market’s back-and-forth volatility has intensified. The current price has broken below the recent low, and we are preparing for a medium- to long-term layout.

Trading advice: For Bitcoin, continue to go long around 63300 to 63800, targeting around 65000 to 66000; for Ethereum, continue to go long around 1770 to 1780, targeting around 1840 to 1880. If the trend is strong, you can add to positions directly with floating profit during the rally, with targets at 62000 and 1730.

#分享美股交易赢英伟达股票 #Gate携手Alpaca链接数字资产与股票金融交易 #ETH跌幅超5%
BTC-6.52%
ETH-6.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
TheFutureIsPromising13
· 18m ago
Two pancakes, 900 views
View OriginalReply0
Earn100DailyTradesWithGold
· 1h ago
Haven't you always been firm on shorting? Now, every time you go long, you're going to get wrecked.
View OriginalReply0
ListeningToTheWavesA
· 2h ago
President Gu, keep going.
View OriginalReply0
  • Pinned