Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (May 20th)

2026-05-20 09:13:23
Shareshare
Since the decline, Bitcoin/Ethereum has been a strategy of buying low and selling high within a narrow range over the past two days. The overall trend remains bearish, with short-term movement leaning towards consolidation. While the price action may be limited, multiple trades can still yield substantial gains. Long positions entered near 76500 and 2100 last night have risen to around 77500 and 2137 respectively, prompting a recommendation to take profits. Short positions can be entered on rallies, as the market is poised for another breakout after these two days of consolidation. Trend analysis is crucial. Trading recommendations: Short Bitcoin near 77500-78000, with targets near 75500-76500; Short Ethereum near 2135-2150, with targets near 2060-2090, and further targets near 78500 and 2180.
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
More exciting content is available on
X(https://x.com/MyTokencap)
or join the community to learn more:MyToken-English Telegram Group
https://t.me/mytokenGroup