Gu Jingci: Bitcoin/Ethereum Trading Strategy and Market Analysis (August 26th)

The short positions in Bitcoin/Ethereum, initially placed at 80800 and 2510 during the daytime session, saw a decline to around 78500 and 2440 respectively in the evening, resulting in a decent overall profit margin. Currently, the price has rebounded somewhat, but the pullback after the initial surge indicates significant upward pressure. The 4-hour chart shows a small bullish candle with a long lower shadow, indicating some buying support below, but selling pressure remains above. The daily chart shows a large bullish candle breaking through recent highs, followed by a large bearish candle pulling back. Recently, the price has stabilized and rebounded slightly after the pullback, but the strength of the rebound and trading volume have weakened, indicating insufficient upward momentum. On the 4-hour chart, both the DIF and DEA lines are above the zero line, indicating that the medium-to-long-term bullish trend remains intact. However, the DIF line has crossed below the DEA line, forming a death cross, and the MACD histogram is negative and expanding, indicating weakening short-term upward momentum and a risk of pullback. Furthermore, the gradually shrinking trading volume during the short-term rebound suggests insufficient upward momentum and potential resistance above. Early morning trading suggestions: Bitcoin: Short at 79500, add to short position at 80500, target 77000-78000; Ethereum: Short at 2485, add to short position at 2520, target 81300 and 2540. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.