Analyst Gu Jingci: On October 12, Bitcoin/Ethereum surged in the early morning session on Monday; if the resistance is not broken, go short directly.

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15 hours ago

Follow for more, with earnings in millions. Hello everyone, I am analyst Gu Jingci, sharing insights here, hoping that every friend who keeps up can achieve good returns!

Be sure to follow Weibo analyst Gu Jingci, focused on mainstream coin guidance and layout. Bitcoin/Ethereum has risen to around 84000 and 2560 after finishing the weekend's sideways fluctuations. Last night, it was already clearly stated that even if there is a rise in price, it's not a concern. We only need to pay attention to the breakout and stability above 2580 and 84000. After all, the high point of Ethereum during the rapid decline on the 8th was at 2586. If this level cannot break and stabilize, it will form a trend of multiple daily candlesticks consecutively rising without breaking the downward pattern, and it will continue to weaken afterward. Meanwhile, Bitcoin is just under pressure from the 10-day and 20-day moving averages around 84200, which also aligns with expectations. It was already mentioned last night that if the price rises to 84000 and 2550, the best approach is to add to positions and wait for a drop.

Operation suggestion: Enter short for Bitcoin around 83800 to 84300, targeting about 82000; for Ethereum, enter short around 2550 to 2570, targeting about 2470. A new week, let’s go!

We are here every day, not to prove how high our win rate is, but just to tell you that our team is always here, monitoring the market around the clock, professional and reliable. Analyses and strategies are for reference only, please take risks at your own expense; the publication of the article does not guarantee timeliness, specifics are subject to real-time updates!For more strategies, follow Weibo: Analyst Gu Jingci

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