Follow and watch, and earn millions. Hello everyone, I am analyst Gu Jingci, sharing my views here, and I hope that every friend who follows along can achieve a good return!
BTC/Ethereum surged again from last evening into early morning. The short position strategy for BTC was stopped out as it broke the high at 81,600. Ethereum reached a maximum of 2,530, which was in line with expectations; there was resistance and a pullback around 2,520 to 2,530. Early morning saw BTC reach a peak near 82,300, just one step away from the previous weekly high at 82,800. During the subsequent decline, it has not broken and held above the previous daily high at 81,500. Moving forward, a rise followed by a pullback and decline remains the main trend. Sometimes, losing a position isn't scary—it's possible to earn it back later. If a double top forms here, the subsequent downside space will be much greater, so don't panic on rallies, and avoid chasing highs or panic selling.
Trading suggestion: Short BTC around 80,800 to 81,300, target 78,000 to 79,000; Short Ethereum around 2,505 to 2,520, target 2,380 to 2,430.
