mt logoMyToken
ETH Gas15 Gwei ($0.97)
EN

Gu Jingci: Bitcoin/Ethereum's short position on 1.7 has successfully reached its target; further shorting opportunities exist after the overnight rally.

2026-01-07 00:59:02
Shareshare
The short positions above 93800 and 3270, repeatedly mentioned during the day and evening sessions for Bitcoin/Ethereum, were added near 3300. After a surge, the price retraced to around 3180 and 91200, covering the entire range. Currently, the price is rebounding again, as the previous support levels around 3180 and 91000 acted as short-term starting points. However, the daily and 4-hour charts show a pullback after the initial surge, indicating a trend reversal. On the daily chart, the price recently formed highs around 94800 and 3310 before falling back and is currently in a consolidation phase, with alternating bullish and bearish candlesticks. On the 4-hour chart, long upper shadows indicate heavy selling pressure, and the current closing price is below the previous high. Technically, the daily MACD histogram has turned negative, with the DIF and DEA lines converging, suggesting a potential short-term consolidation or downward trend. On the 4-hour chart, the DIF has crossed below the DEA, strengthening the bearish signal. Early morning trading suggestions: Continue shorting Bitcoin around 92500-93000, with a target of 90000-91000; continue shorting Ethereum around 3240-3270, with a target of 3150-3180. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time updates.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact