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Analyst Gu Jingci: Bitcoin/Ethereum rose and then pulled back and fell as expected; continue to watch for a rise followed by a pullback overnight
The strategy was to short Bitcoin/Ethereum again above 2700 and 84600 in the evening. Those who followed the operation clearly know that all positions were added during the rise, with average prices around 84900 and 2720. After rising, the market pulled back and fell, reaching lows around 83100 and 2670, so the room created after adding positions is clearly visible. With the weekend and holiday approaching, overall volatility has not been significant. Focus on executing swing trades properly and securing gains. The market is still facing obvious resistance above. The 85300 and 2730 levels mentioned during the daytime session remain under resistance, while Ethereum will continue to be monitored around the 2740 high in the evening and overnight. However, Bitcoin is currently approaching the round-number short-term support at 83000, so do not chase shorts; simply enter after the market rises.
Trading suggestions for the evening and overnight: Continue shorting Bitcoin around 84200 to 84600, with a target near 82800; continue shorting Ethereum around 2710 to 2730, with a target near 2650. The analysis and strategy are for reference only; manage your own risk. The article’s review and publication are not timely, 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