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

Follow the official account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have been fluctuating in a narrow range these past few days, quickly dipping from the high and then finding support to continuously move upward, with the lows also being raised. We observed short positions above the high point of 1800 and long positions below 1680. Currently, the market is in a sideways fluctuation, which is not frightening. The overall trend still leans bearish. Friends looking for stability can seek short positions near 1800 and 66000, but in the current trend, there is still room for rebound during the fluctuations. The support at the lower level is also continuously rising. The 4-hour chart shows recent range fluctuations with long lower shadows, indicating that there is certain support below, but overall it remains weak.

Technical indicators on the 4-hour chart show that both the DIF line and DEA line of MACD are running below the zero axis, with the DIF line recently showing signs of a downward turn and about to cross below the DEA line again, indicating a depletion of short-term rebound momentum and that the bearish forces are dominant. However, the external environment is not excessively pessimistic. First, it is highly probable that there will be no outcome from the US-Iran negotiations, but the negotiations themselves can provide a boost for a short rise, followed by a failure and another dip, so there is no need to enter short positions too early.

Evening operation suggestion: Enter long for Bitcoin around 63500 to 64000, with a target near 65500; enter long for Ethereum around 1700 to 1720, with a target near 1770.

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