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Analyst Gu Jingci: September 25 Bitcoin/Ethereum Trading Strategy and Market Analysis
Bitcoin/Ethereum have continued to follow a strategy of building short positions on rallies over the past few days. From around 2710 and 84800, they declined to around 82800 and 2630, respectively; last night, they fell from around 2700 and 84800 to around 2660 and 83600. The overall range has been clear. In fact, those who follow my videos know that I have repeatedly reminded everyone over the past two days to sell high and buy low between 2630 and 2700 and between 85000 and 83000, capturing multiple moves back and forth. The market has once again risen to around 2720 and 84800. Overall, it remains range-bound, with resistance above and support below in the short term. On the daily MA indicators, the market is facing resistance from the 5-day moving average around 85300 and 2730. If the market continues to rally, shorts can still be opened at higher levels.
Trading recommendations: Open short positions on Bitcoin around 84600 to 85000, with a target around 83200; open short positions on Ethereum around 2700 to 2720, with a target around 2620 to 2650. The analysis and strategy are for reference only; assume all risks yourself. The article may not be published in a timely manner, so real-time conditions shall prevail! #GateBTC现货交易量跻身前三 #BTC短线回调 #Gate闲钱宝USD1最高享8.16%年化