Gu Jingci: On August 31, Bitcoin/Ethereum repeatedly rose and fell, and the overall trend is still weak.

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3 hours ago

Follow to see, earnings in the millions, hello everyone, I am analyst Gu Jingci, here to share my views, and I hope that each friend who follows can achieve good earnings!

Please follow the public account Gu Jingci 8, focused on guiding layouts for mainstream coins. Bitcoin/Ethereum have been continuously positioned to increase short positions during this period, last night was no exception, but the positioning was somewhat aggressive, and many people estimated that eth-nephews had exited, but in fact, we have been holding, as the big coin has not effectively broken down, last night the highest only reached about 79380, and all short positions were exited around 2420 during the morning pullback. The market hit a low of 76900 and around 2385 during the morning, receiving some support and has rebounded somewhat, but the rebound strength is not great. Looking at the hourly chart, there is still some room for rebound and rise. On the daily chart, the 5-day and 10-day moving averages have all turned down, and the trend still leans bearish, with resistance from the moving average indicators at around 78500 to 79000 and near 2460.

After the follow-up rebound, it is possible to continue entering short, with ongoing short-term support to watch at around 75500 and 2350. The market will remain in sideways consolidation until the weekend ends, and tomorrow at 8 a.m., the monthly line will also close, clarifying the trend further, big coin has attempted to rise above the 80000 mark multiple times without breaking through, and a significant correction is expected to follow.

Every day we are here, not to prove how high our win rate is, but to tell you that our team has always been monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only, please bear your own risks; the article's review and release may not be timely, and specifics are subject to real-time updates!For more strategies, please follow the public account: Gu Jingci 8

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