GuJingci

Gu Jingci: Today, after the early-session rally, at least 99 out of 100 people will tell you that a pullback is where you add longs. But since the current price above 72300 and 2250 this morning, I have been warning you to enter short positions. Even now, I still advise you to go directly short. Although Ethereum currently hasn’t seen much volatility, if the market drops, it will move down quickly too. Don’t chase longs; don’t buy on a pullback to add longs. Above 2200, only go short. As for when to go long, take a look at the strength of support at 2150 below.
Bitcoin/Ethereum: These past two

Gu Jingci: 4.8 Bitcoin/Ethereum Morning Trading Strategy with Market Analysis
Bitcoin/Ethereum surged from the early hours of the morning all the way up to the current highs around 72,800 and 2,170, as tensions between the US and Iran eased. Overall, the rally was relatively strong. The “rally short” positions we set up again in the early morning also had no choice but to get stopped out after breaking above the recent daily high. Due to the impact of news on the headlines, the market has broken up and rallied, but it is now approaching the pullback support area around 73,500 and 2,280 after t

Gu Jingci: Bitcoin and Ethereum short positions successfully retraced and declined, the market pushed higher, making it a good time to short.
Last night, around 69700 for Bitcoin and 2150 for Ethereum, short positions were taken. The market retraced and fell back to around 68200 and 2087. Overall, the space was quite good. Currently, the market has risen again. The rebound is not a reversal. As I mentioned earlier, there is still room for the market to decline. Be cautious when bottom-fishing. We did not bottom-fish or go long; we are waiting for opportunities to push higher and then short aga

Gu Jingci: Bitcoin/Ethereum continues to look for a rally and pullback in the early morning, mainly downward.
Since the early session, Bitcoin/Ethereum has been consolidating sideways after a sharp rise. It seems strong, but in reality, it’s just so-so. After the initial surge, the subsequent movement didn’t rise much and didn’t break through again. Multiple attempts to push higher without breaking indicate weakness. Moreover, this rally was mainly a result of US-Iran rhetoric, with no substantial positive or negative news. On the candlestick chart, the daily level shows several consecutive bu

Gu Jingci: 4.6 Bitcoin/Ethereum Morning Trading Strategy and Market Analysis
Bitcoin and Ethereum traded sideways over the weekend, then surged again in the early session, reaching highs around 69,600 and 2,134 respectively. The overall rally was relatively significant. However, the market is currently facing resistance near previous daily high points of 69,500 to 70,000 and around 2,150 to 2,170, leading to a pullback. The short-term upward movement is mainly driven by news stimuli, but there are no substantial positive fundamentals. The trend still suggests a pattern of rising to a high and

Gu Jingci: Contract trading requires more patience to follow trend waves and hold good positions.
The market fluctuates every moment, and naturally people will see opportunities. But when you actually participate, you'll realize that those are risks.
Bitcoin/Ethereum have been trading within a narrow range these days, with overall volatility not very large. At this time, more people tend to lose patience, frequently trading for just a few points of profit, thinking they are clever by capturing all the wave segments. In reality, such operations can easily turn a small loss into a deep loss or a

Gu Jingci: Bitcoin/Ethereum Entering a Narrow Range Consolidation Ahead of Schedule
After an initial period of wide-range fluctuations, Bitcoin/Ethereum has kept within a narrow consolidation range from last night to the present. In terms of candlestick patterns, the 4-hour chart shows that after a surge, the market began forming a clear downward trend, with choppy movement sloping downward. The latest candlestick closed bearish, indicating that bearish momentum is still being released. On the daily chart, yesterday saw a huge bearish candle with a long lower shadow, confirming a strong revers