Follow and look again, the returns are in the millions. Hello everyone, I am analyst Gu Jingci. Here to share my views, I hope every friend who keeps up can achieve good returns!

Feel free to follow the official account Gu Jingci 1, focusing on guidance for mainstream coins. Bitcoin/Ethereum mentioned again last night during the price surge to short positions around 1935 and 65300, as well as supplementing short thoughts. The market has basically been in a sideways trend this week, with minimal overall volatility and poor liquidity, and the trend is not obvious. Due to geopolitical situations causing oil prices to fluctuate, it has raised inflation expectations and activated the demand for gold as a safe haven; the unexpectedly weak U.S. non-farm employment data for July has severely impacted interest rate hike expectations, leading to a decline in both U.S. Treasury yields and the dollar. The combination of these two forces has pushed gold to record its best weekly performance in seven months, while the cryptocurrency market continues to hover at low levels after a slight rise, showing no significant performance.

The focus will be on next week's CPI data and its feedback on the crypto market. To be honest, this narrow sideways fluctuation market is really testing patience. Many people often lack patience in such a market and directly turn to operate altcoins, especially those with larger fluctuations, which makes it even harder to control. We have also been trying to trade some altcoins with higher proportions of short-term gains in the past few days, such as pushing ADA up to around 0.21, and further, during the rise of UNI. However, trading such altcoins two or three times a month is enough, keeping a close watch on these altcoins doesn't yield good results. Currently, both of these coins could also attempt to enter short positions, and if they break the high point, we will exit the position.

In the case of Bitcoin/Ethereum being in a sideways trend, we can only be patient and watch for falls, especially since next week's data is about to arrive. The CPI data reflects July's data, and last month's sharp rise in crude oil will undoubtedly drive up inflation.

We are here every day, not to prove how high the win rate is, but just to let you know that our team is always here, monitoring the market around the clock, professionally and reliably. The analysis and strategies are for reference only, and risks are to be borne by yourself. The publication of articles is not timely, and specifics should be based on real-time information!For more strategies, you can follow the official account: Gu Jingci 1

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