Gu Jingci: 7.28 Bitcoin/Ethereum Evening Trading Strategy With Market Analysis

For Bitcoin and Ethereum yesterday, I placed sell orders above 65,200 and 1,965, respectively. In the early morning, price dropped to around 63,000 and 1,865, and then today in the afternoon I set up another sell order near 1,890 and 63,600. In the evening, it further dipped to around 62,700 and 1,855. After these two trades, the large-cap “big cake” and “ether” captured nearly 3,000 points and 140 points of upside-down space, respectively. The overall range is all visible. Right now, the evening market is again rallying; the area around 1,940 on the hourly line and 64,300 is facing short-term pressure. When it rises, that’s precisely an opportunity to enter a short trade again. Don’t chase longs in a top-chasing move—look for opportunities to sell on the higher side instead.

Evening trading recommendation: For Bitcoin, enter a short around 63,900; targets are around 61,500 to 62,500. For Ethereum, continue to short around 1,915; targets are around 1,830 to 1,860.

Analysis and strategy are for reference only; risk is on you. This article review and publication does not have timeliness; please refer to real-time conditions for specifics! #USD1持币生息最高8% #GateCard消费返现最高8% #长鑫开盘跌7.7%