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Gu Jingci: 9.10 Bitcoin/Ethereum surged higher and then pulled back and fell as expected; continue shorting on rebounds



During yesterday’s Bitcoin/Ethereum rebound, the previously established short-position strategy at 79200 and 2510 played out again. After surging higher, the market fell steadily to around 77700 and 2440, offering a decent overall range. The daily chart shows three consecutive bearish candles, indicating weakening momentum, while the three-day chart also shows a rounded-top pattern, leaving room for further downside. Based on the daily and four-hour MA indicators, the 5-day and 10-day moving averages above have turned downward, with resistance around 2490 and 79000. The market has rebounded somewhat, so short positions can continue to be opened.

Trading suggestions: Continue opening Bitcoin short positions around 78500 to 79000, with a target near 77000; continue opening Ethereum short positions around 2480 to 2500, with a target of 2380 to 2430. The analysis and strategy are for reference only, and you assume all associated risks. Due to the article review and publication process, this article may not be timely; real-time conditions shall prevail! #GateUS与RQDClearing达成战略合作 #苹果发布会 #美股录得2008年以来第六大资金流入
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ETHETH-0.90%
BTCBTC-0.65%

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ThisIsAChineseSlangPhraseThat
2 minutes ago
👍👍👍👍
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GateUser-d10f5768
4 minutes ago
Enter at the bottom 😎
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GateUser-d10f5768
4 minutes ago
Get on board quickly! 🚗
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GateUser-d10f5768
4 minutes ago
Just send it. 👊
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WanbiHouBaixiaosheng
14 minutes ago
Send Biden's son to Venus🌟🌟
0xeb2c8c10910c7fe129a4c23b7487113266552b90
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ElectricXTZ
15 minutes ago
Firmly HODL💎
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GateUser-2bd5f1f1
17 minutes ago
First Review
Thanks for sharing—very informative, and the analysis was timely and spot-on!!!
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