Gu Jingci: Bitcoin/Ethereum Early Morning Trading Strategy with Market Analysis

Bitcoin/Ethereum has been in a narrow range since the recent pullback from the high of 2800 and 87000, and we have taken short positions from the high point and again made long positions by selling low and buying high. We believe that friends who followed this thinking have had good overall space. Currently, the short-term resistance is around 85000 and 2720, and the short-term support is around 2620 and 83000. The short-term market is oscillating downward, and there is still some room for back-and-forth movement. In terms of K-line patterns, the 4-hour chart has experienced a sharp drop followed by a rebound, but the latest K-line is a small bearish candle with reduced volume, indicating weakening rebound momentum and short-term pressure.