Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (May 29)

2026-05-29 04:31:32
Shareshare
The strategy for buying Bitcoin/Ethereum yesterday during the daytime session, targeting 73000 and the current price around 1975-1985, has yielded positive results. After multiple dips, the price rallied to around 73900 and 2030 in the early morning. While Bitcoin's overall movement was limited, Ethereum still has significant upside potential. The relatively weak rebound in Bitcoin, coupled with Ethereum's rebound, is more conducive to further stabilization and upward movement. Currently, the price has pulled back from its highs, with the daily chart showing a long lower shadow, indicating some support below, especially around 72000 and 1930, which act as the lower edge of the previous daily trading range. Given the current pullback, there's no need to chase the market down; instead, consider buying on dips within the lower range. Trading suggestions: Buy Bitcoin around 72800-73200, with a target of 74500-75500; Buy Ethereum around 1985-1995, with a target of 2050-2080, targeting 72000 and 1930.
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