Follow to see, profits in the millions. Hello everyone, I am analyst Gu Jingci. Here to share my views, I hope that every friend who follows can achieve good profits!

You can follow the public account Gu Jingci, focusing on mainstream currency guidance and layout. Since the high point, Bitcoin/Ethereum has repeatedly laid out short positions, and the market has been in a downtrend. Currently, after the decline, the market has rebounded somewhat, but the strength is not great, and the horizontal trend after the rebound looks more like a continuation of the decline. The downtrend has not reversed, and the market will further decline. The K-line pattern shows a small bullish line on the 4-hour chart, with a longer upper shadow and shrinking trading volume, indicating that the rebound momentum is weakening. The rebound is not strong, and the shrinking volume shows that the market is still in a consolidation phase, and the market could further decline at any time.

From the daily level, after a peak, there were two consecutive bearish days, and yesterday saw a rebound but did not break the short-term pressure of the previous support and resistance levels. In terms of moving averages, Bitcoin is generally strong, but Ethereum has not broken above the daily MA line, instead continuing to face pressure around the 2340 to 2350 range. Repeated peaks that do not break can be used to enter shorts on the rise.

Operation suggestions: Enter short positions for Bitcoin around the current price of 76000 to 76500, with a target of 73000 to 74000; enter short positions for Ethereum around the current price of 2320 to 2340, with a target of 2200 to 2250.

We are here every day, not to prove how high our win rate is, but to tell you that our team is always monitoring the market, professional and reliable. The analysis and strategy are for reference only, and the risk is to be borne by yourself. The article's review and publication are not timely, specifics are subject to real-time conditions.For more strategies, please follow the public account: Gu Jingci

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