Gu Jingci: On August 25, Bitcoin made a strong breakthrough; will Ethereum welcome a rebound?

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18 hours ago

Follow for more, earn millions, hello everyone, I am analyst Gu Jingci, sharing my views here, and I hope that every friend who keeps up can achieve good profits!

Follow the public account Gu Jingci 8, focused on mainstream coin guidance and layout. Bitcoin began to break through the recent daily high of 79600 last night, subsequently breaking through the 80000 mark in the early morning, reaching a high of around 81260. However, Ethereum did not follow suit. We reminded multiple times last night to raise the short position and replenish shorts, as Ethereum repeatedly pulled back to around 2450. Meanwhile, Bitcoin's pullback strength was relatively small, with only a little over a thousand points of space. If Bitcoin does not take profit in time, it will face a loss. In this market, many people see Bitcoin breaking through and think that Ethereum will catch up or even shout about a bull market returning. To be honest, if Bitcoin is moving sideways without an increase and Ethereum continues to break through and rise, it would indeed look optimistic, but the current issue is that Bitcoin is continuously breaking while Ethereum does not follow, which is consistent with the points emphasized earlier. Once Bitcoin starts to pull back, Ethereum's downward space will relatively be larger, meaning it will not catch up and may even decline further.

Operation suggestion: Short Bitcoin at 80800 directly, target around 78000 to 79000; short Ethereum at 2510 directly, target around 2400 to 2450.

We are here every day, not to prove how high our win rate is, but just to tell you that our team is always here, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only, please bear your own risks, and the article review and release lack timeliness; please refer to real-time information!For more strategies, follow the public account: Gu Jingci 8

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