Gu Jingci: 7.5 Bitcoin/Ethereum surged again tonight, and the market is still due for a major drop.



Bitcoin/Ethereum surged again tonight, hitting just around 63000 and 1800. Those of you who didn't exit our previously placed short positions at highs in time had to take a small stop-loss exit. At this level, using a small stop-loss to bet on a pullback decline is very worthwhile. The market has remained elevated after the surge, with an overall strong trend, but there is strong resistance near the previous highs of 63500 to 64000 for Bitcoin and 1850 for Ethereum. First, the 63500 area for Bitcoin is also a previous key support-resistance flip level; do not chase longs when the market approaches this level. Ethereum, on the other hand, has surged multiple times in the short term, so the downside room for a pullback will be relatively larger. The external situation is also not very favorable. Once the trend worsens again, there will be an even larger-scale decline.

Overnight trading suggestion: Short Bitcoin near 63000 to 63500, targeting around 61000 to 62000; short Ethereum near 1790 to 1810, targeting around 1680 to 1720.

#gStocks代币化股票上线 #非农爆冷打压加息预期 #预测世界杯巴西VS挪威
ETH0.39%
BTC0.46%
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