Gu Jingci: Bitcoin/Ethereum Trading Strategy and Market Analysis (April 18th)

2026-04-17 16:49:23
Shareshare
All short positions in Bitcoin/Ethereum recommended by Dan for the day have been closed out, indicating that Dan's strategy was indeed unsuccessful. However, the bearish outlook remains unchanged. Although the market is currently rising due to news from Trump, there is no substantial positive news, and a temporary halt in the price action won't solve the fundamental problem. I firmly believe that a significant pullback is coming. Technical analysis is currently ineffective, as the market is driven primarily by news and sentiment. We can only expect a pullback based on the price action. Furthermore, crude oil has begun to stabilize, and it's only a matter of time before this is reflected in the cryptocurrency market. Early morning trading recommendations: Short Bitcoin at the current price of 78200, Short Ethereum at the current price of 2460, with targets at 79500 and 2500. You can confidently target a further decline.
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