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Trader Gu Jingci: Bitcoin/Ethereum long and short battle, flexibly follow real-time market conditions

2026-10-17 12:44:59
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Bitcoin/Ethereum are actually in a sideways consolidation most of the time each day, causing many traders to hesitate when going long or short, and even leading to whipsaw trades. We warned about entering long positions when prices dropped to around 2310 and 80000, and repeatedly advised taking profits on rallies yesterday—overall price movements were clearly visible. Currently, the market is range-bound with back-and-forth pressure between bulls and bears; avoid prematurely guessing the direction. Market movements can be suddenly affected by news, so all analysis should only serve as reference—real-time price signals are what truly matter. In ranging markets, avoid frequent trading; wait patiently for clear breakout or breakdown signals. Avoid rigid thinking—adjust your strategy promptly if the market changes. Adapt flexibly to real-time price action, seize opportunities with higher certainty, and manage position sizes carefully. Enter only when opportunities arise, don’t blindly guess tops or bottoms, follow dynamic market shifts, maintain proper rhythm, and wait for the market to establish a meaningful move.
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