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Trader Gu Jingci: The short positions on Bitcoin/Ethereum were successfully executed on October 22, with further downward potential in the market

2026-10-22 07:28:47
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During the early morning surge of Bitcoin/Ethereum, we once again remind you to go short above 84,500 and 2,500. After the price surged, it fell sharply to around 82,600 and 2,430, fully expanding the downward space. Currently, after the drop, the market has entered a range-bound phase with weak rebound strength; the trend remains bearish. On the daily chart, resistance is seen near the middle band, while the four-hour chart shows a pattern of rising then falling. The price has now broken below the middle Bollinger Band, indicating further downside potential. Wait for a rebound to re-enter short positions. Trading suggestion: Go short on Bitcoin around 82,800, add to the position at 83,600, with a target near 81,500; go short on Ethereum around 2,445, add at 2,480, with a target near 2,380. Analysis and strategies are for reference only—risk is your own responsibility. The article may not be timely; please follow real-time data!
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