Gu Jingci: Bitcoin/Ethereum Trading Strategy and Market Analysis (September 14th)

Bitcoin/Ethereum has been fluctuating downwards since reaching highs of 79900 and around 2666, hitting lows of around 76400 and 2460 in the evening. We repeatedly advised shorting, and the overall movement has been quite good. Currently, the market has rebounded somewhat. Tonight and in the early morning, pay attention to the important resistance levels of 2530 and 78000. During the rebound, the price is testing the 5-day and 10-day moving averages on the 4-hour and daily charts again. The overall trend remains bearish. Tomorrow morning at 8 AM, the weekly candlestick closes, and Bitcoin is likely to close bearish. Ethereum closed last week around 2513; watch for a breakout at this level. Early morning trading suggestions: Short Bitcoin around 77300-77800, target around 76000; Short Ethereum around 2505-2520, target around 2430. 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.