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You can follow the official account Gu Jingci, focusing on mainstream cryptocurrency guidance and strategies. Bitcoin/Ethereum experienced another wave of up and down fluctuations during the early hours to the morning session, reaching a high of 82400 and 2383 respectively. Bitcoin is only a line away from the recent daily high of 82800. Our short position which we set up over the weekend was unfortunately exited. If mistaken, one must acknowledge it; this situation was indeed not well managed. Currently, the market has risen close to the high point, and the focus should be on the breakout of 83500 and 2430. If it does not break out and stabilize, the market may fall back again into a double top formation. At this stage, there is no need to look for breakouts to rise; instead, one can directly enter short positions near the pressure level after multiple attempts to rise and then fall.
Operational suggestions: Enter short positions for Bitcoin at the current price of around 82300 to 82800, with a target around 79000 to 80000; for Ethereum, enter short positions at the current price of around 2380 to 2400, with a target around 2250 to 2300.
We are here every day, not to prove how high our win rate is, but to let you know that our team is always monitoring the market, professional and reliable. Analysis and strategies are for reference only; please bear the risk yourself. The publication of the article may not be timely; please refer to real-time data for specifics. For more strategies, please follow the official account: Gu Jingci
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