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Gu Jingci: On July 6, Bitcoin/Ethereum forms a double top pattern, the market will still fall sharply
The same strategy can make some people profit, some lose, and some break even; this has been said many times. Last night's idea of going short on highs, successfully added positions at 1800 and 63800 lines, currently in a small profit state.
Bitcoin rose to a high near 63980 last night, only a line away from 64000, while ETH did not break the daily high. The four-hour level forms a double top pattern; once the support at 62400 and 1747 is broken, the market will have a further rise and fall, including the short order at sol 82.4 the day before yesterday, with short-term target 80 reached yesterday afternoon, and the evening rise gave another entry opportunity. The resistance above remains at 64000 to 64500 and 1850.
Operation suggestion: Hold patiently the average price of short positions after adding positions at 63400 and 1785; for those without short positions, continue to go short near 63400 to 63800 for Bitcoin, target near 60500 to 61500; for Ethereum, continue to go short near 1785 to 1800, target near 1680 to 1720; for Sol, continue to go short near 81, short-term target 79, medium to long-term target continues to focus on 72 to 75.
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