Trader Gu Jingci: Bitcoin/Ethereum dropped as expected on October 23, with analysis of early morning trading strategy attached

The short position strategy for Bitcoin/Ethereum repeatedly reminded last night and this morning has likely secured over 3,000 points and 100 points of profit for those who followed along. Multiple public setups this week have already yielded at least 300 points in total. The market trend has weakened since the afternoon break below 82,000 and 2,400, with weak rebound strength. The 4-hour chart has seen a significant drop accompanied by high volume, indicating strong selling pressure. The latest candle is a small body with extremely low volume, suggesting market indecision or consolidation in the short term. On the daily chart, a large-bodied bearish candle appeared after the rally, with high volume confirming strong short-term bearish sentiment and engulfing gains from the previous two days. Technically, the 4-hour DIF line has crossed below the DEA line, both remaining below the zero line, while the MACD histogram is negative and expanding—clearly signaling a strong downtrend. Watch closely for support at 79,500 and 2,300; resistance lies at 84,000 and 2,480. Night trading suggestion: Enter long at Bitcoin 80,800–81,200, target 82,500; Ethereum 2,355–2,375, target 2,430. Analysis and strategies are for reference only; risks are your own. This article may not be timely—please follow real-time updates!