Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (July 20th)

The Bitcoin/Ethereum pair initially traded short positions around 64800 and 1880 during the daytime session, but the price subsequently fell to around 63700 and 1840. Currently, a rebound has occurred in the evening, but the overall trend remains unchanged, and the price is likely to rise and then fall back. The price has been rising on lower volume in recent days, and the Bollinger Bands on the daily chart are gradually narrowing, indicating significant resistance at the upper highs. Until these upper highs are effectively broken, it is not advisable to chase the price higher, especially for Bitcoin, which faces resistance around 65500 to 66000. Evening trading suggestions: Continue to short Bitcoin around 64900 to 65300, with a target of around 62000 to 63000; continue to short Ethereum around 1890 to 1900, with a target of around 1780 to 1820. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication are not timely; please refer to real-time information.