Follow and stay updated for substantial gains. Hello everyone, I am analyst Gu Jingci. I share my views here, hoping that everyone who follows along can achieve good returns!
Bitcoin/Ethereum have been experiencing a continuous pullback after reaching highs of 79,900 and around 2,666, respectively, with tonight's lows hitting 76,400 and around 2,460. We have repeatedly reminded everyone to enter short positions, and the overall movement has been quite favorable. The market is currently showing some rebound. For tonight and the early morning hours, pay attention to the significant resistance levels at 25,30 and 78,000. During the rebound, the 4-hour and daily MA 5-day and 10-day moving averages are also being tested for resistance again. The overall trend remains bearish. Tomorrow morning at 8:00 a.m. (UTC+8), the weekly candle closes, and Bitcoin is likely to end the week with a bearish candle. Last week, for Ethereum, the weekly candle closed near 2,513—watch for whether this level is broken by the close.
Late-night trading advice: For Bitcoin, enter short positions near 77,300 to 77,800, targeting around 76,000. For Ethereum, enter short positions near 2,505 to 2,520, targeting around 2,430.
