The short-selling strategy for Bitcoin/Ethereum, repeatedly mentioned yesterday, was further advised during the evening rally to enter short positions at 82700 and 2415, or to add to existing short positions. After the initial surge, the price retreated, reaching lows of around 80700 and 2310, representing a gain of over 2000 points and 100 points respectively. Currently, the rebound is weak, and the trend remains bearish. Short positions can be entered on rallies, with reference points for Bitcoin shorting around 81300-81600 and 2335-2350. Short-term targets are around 78500-79500 and 2240-2270.
Gu Jingci: Bitcoin and Ethereum successfully surged and then retreated; there is still room for further decline.
2026-05-07 05:23:13
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