Follow for more, earn millions. Hello everyone, I am analyst Gu Jingci, here to share my views, hoping that each friend who follows can achieve good profits!
You can follow the public account Gu Jingci, focusing on guidance for mainstream coin layout. The long and short strategies for Bitcoin/Ethereum over the past few days have overall been quite good. Currently, the market is once again pulling back after a recent peak, with obvious pressure from above, and the overall volatility is likely to narrow, which also means a market trend change is imminent. On the daily chart of Bitcoin, after hitting a new low last Saturday, it formed two bullish candles to gradually recover, presenting a bottoming rebound pattern. The price stands above the 5-day moving average but has not broken through the resistance of the 10-day moving average. The moving average system is still in a consolidation state. On the 4-hour chart, the Bollinger Bands have narrowed and flattened, with the RSI near the neutral zone around 50, indicating relatively balanced buying and selling forces. The upper area of 68000 constitutes the primary resistance, while the support below is referenced at the low points of 63000 to 62000.
The Ethereum K-line shows a high pullback pattern, with the price oscillating continuously between the 5-day and 10-day moving averages. The moving average system is in a consolidation state, overall in a technical recovery phase. The upper area of 1980 to 2000 forms short-term resistance, and the short-term support below is around 1850. If it breaks down, watch for around 1780 to 1800. The trend of the market pullback is weak, with multiple long upper shadows indicating significant selling pressure. Operation suggestion: Short Bitcoin around 66500 to 67000, target around 64000 to 65000; Short Ethereum around 1960 to 1980, target around 1850 to 1900.
Daily analysis and strategy have a high success rate, all visible; analysis and strategy are for reference only, risks to be borne by yourself, article review and publication do not possess timeliness, specific to be based on real-time! For more strategies, you can follow the public account: Gu Jingci
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