Follow for more, make millions in profits, hello everyone, I am analyst Gu Jingci, here to share my insights, and I hope that every friend who keeps up can achieve good profits!

You can follow the public account Gu Jingci 8, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has repeatedly reminded to raise short and add to short positions, the market has risen and then dropped to around 63800 and 1870, the overall space can be seen. Currently, the market has rebounded after the drop with weak strength, previously it has shown multiple high-level sideways movements, and now breaking down with an obvious weak rebound, indicating further downward space. The K-line pattern on the 4-hour chart shows that the price formed a short-term top near 1930 and 65300, and last night a large bearish candlestick appeared, confirming the short-term downward trend. It is now shaking again, with the latest K-line having a lower shadow, indicating certain buying support below.

Technical indicators on the 4-hour chart show that both DIF and DEA are operating below the zero axis, and DIF has crossed below DEA forming a death cross, with the MACD histogram showing negative values and continuously expanding, indicating strong bearish momentum. Both the 4-hour chart and daily chart show that last night's decline was accompanied by a significant increase in trading volume, indicating considerable panic sentiment and selling pressure in the market. Recently, trading volume has shrunk, showing that short-term selling pressure has eased, but the buying power has not significantly increased.

Operational advice: Continue to open short positions for Bitcoin around 64300 to 64800, targeting around 62000 to 63000; for Ethereum, continue to open short positions around 1885 to 1900, targeting around 1800 to 1830.

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