Trader Gu Jingci: On October 22, the Bitcoin/Ethereum short position successfully reached a lower point, and the market still has room for further decline.

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Follow for more updates, earning millions. Hello everyone, I am analyst Gu Jingci, here to share my views, and I hope every friend who keeps up can achieve good returns!

Follow the Weibo analyst Gu Jingci, focusing on mainstream coin guidance and layout. During the early morning spike of Bitcoin/Ethereum, I reminded again to short above 84500 and 2500. After the market spiked, it dropped all the way to around 82600 and 2430, with the overall space fully utilized. Currently, the market is oscillating after a dip, and the rebound strength is not strong, with the trend still leaning weak. The daily line is under pressure at the middle track, and the four-hourly chart also shows a spike and retreat. Currently, it has broken the middle band of the Bollinger Bands, and the market still has further downside space, waiting for the market to rebounding before entering short positions again.

Operation advice: Short near Bitcoin 82800, add short at 83600, target around 81500; Short near Ethereum 2445, add short at 2480, target around 2380.

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