Follow for more updates, earn millions. Hello everyone, I am analyst Gu Jingci, here to share insights, and I hope that every friend who follows can achieve good returns!

Follow the official account Gu Jingci, focusing on mainstream coin guidance and layout. The trading strategy for Bitcoin/Ethereum these past two days, with two longs and one short, has successfully gained over 6000 points and 200 points of space. Currently, the market has retreated after spiking last night, with clear pressure from above. As discussed clearly over the past two days, the market conditions after a rapid daily decline are relatively easier to navigate; it depends on whether you can seize the opportunity. The latest few candlesticks on the 4-hour level indicate significant selling pressure forming between 1700 to 1720 and 64000 to 64500, creating a short-term top structure and confirming a short-term pullback.

Additionally, though the DIF and DEA lines on the 4 and 8-hour levels are negative, they are moving upwards. The MACD histogram is continuously decreasing, showing a depletion of short-term rebound momentum with potential signs of a top divergence. Moreover, the moving average indicators shifted from an upward turn on support at 1580 to 1600 and 61000 to 61500 two days ago, to now showing a downward turning pressure from the moving averages. The upper moving averages face short-term pressure from 63500 to 64000 and 1680 to 1700, indicating that the trend can continue to sell short at highs.

Operation suggestion: Continue to sell short near Bitcoin 63000 to 63500, targeting around 62000; for Ethereum, continue to sell short near 1670 to 1690, targeting around 1610 to 1630.

We are here every day, not to prove how high our win rate is, but just to let you know that our team is always monitoring the market, professionally and reliably. The analysis and strategy are for reference only, please bear the risks yourself. The publishing of articles does not guarantee timely information; specifics depend on real-time data! For more strategies, please follow the official account: Gu Jingci

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