Gu Jingci: 7.29 Bitcoin/Ethereum Trading Strategy with Market Analysis

In recent days, Bitcoin/Ethereum have repeatedly oscillated within a narrow range. Our previously published setups for short positions to “fade the rally” also declined as expected. Yesterday, the two consecutive short setups both showed clear room to move: after reaching above 1890, price dipped to 1855, and in the evening, a 1915 short position dipped to 1883. Now that the market has started to rebound again, you don’t need to overthink it—this is another opportunity to enter a short. On the daily and 4-hour levels, the market has gone dull, with weak continuation; volatility is gradually narrowing. This is also a signal that the market is gradually heading toward a turning point. Don’t chase longs at highs—short on strength instead.

Trading recommendation: For Ethereum, enter a short directly at the current price of 1920. Target 1830 to 1860.

Analysis and strategy are for reference only; risks are your own. This article’s review and publication do not have timeliness—follow real-time conditions! #USD1持币生息最高8% #GateCard消费返现最高8% #SK海力士财报不佳盘后下跌