Gu Jingci: July 24 Bitcoin/Ethereum Trading Strategy with Market Analysis

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顾景辞
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5 hours ago

Follow to see more, make millions. Hello everyone, I am analyst Gu Jingci. Here to share my viewpoints, I also hope that every friend who follows can achieve good returns!

You can follow the public account Gu Jingci a, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have recently been consolidating at high levels, and we have repeatedly reminded about raising short positions and replenishing short positions. The market has fallen all the way to around 64600 and 1860 overall. Currently, the market has rebounded again, providing another opportunity to enter short positions. The 4-hour chart shows recent range fluctuations, with the latest K-line being a bullish line, indicating a strengthening of short-term buying power. The daily chart showed a large bearish line with a long lower shadow yesterday, indicating strong bearish force, but there is buying support below. Today’s bullish line rebounded but has not fully recovered yesterday's decline. The monthly chart shows a large bullish line since July, indicating a strong rebound at the monthly level, but it remains in the rebound phase of a long-term downtrend.

Technical indicators on the 4-hour chart show that both DIF and DEA are above the zero axis, but DIF has crossed below DEA. The MACD histogram is negative and converging, indicating a weakening of short-term bearish momentum, but the trend still leans bearish. On the monthly chart, last month saw a significant drop with high volume, and the rebound volume this month is relatively small, so attention should be paid to subsequent changes in volume. The trend remains bearish, and the rebound offers opportunities—it's just a matter of whether one can seize them.

Operational Advice: Enter short positions near the current price of Bitcoin around 65700, with a target of around 64000; for Ethereum, enter short positions near the current price of 1900, with a target of around 1800 to 1840. If it breaks down, continue to look at 61000 and 1730 levels.

We are here every day, not to prove how high our win rate is, but just to tell you that our team is always around, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only, please bear the risk yourself. Article reviews and releases do not have timeliness, please refer to real-time data! For more strategies, please follow the public account: Gu Jingci a

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