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Gu Jingci: The Bitcoin/Ethereum long positions opened on June 30th rallied as expected; now, look to buy on pullbacks.

2026-06-30 03:30:42
Shareshare
Yesterday, we initiated two long positions in Bitcoin/Ethereum. During the daytime session, we entered long positions at 1560 and 59300, which rallied to around 60750 and 1595 in the evening. Then, during the pullback in the evening, we entered more long positions at 1570 and 59500, which rallied again to around 60650 and 1637 in the early morning. Both long positions executed as expected, resulting in a decent overall profit. Currently, the price has dipped again this morning, but since the highs of the past few days have been broken, we can simply follow the trend and enter long positions on pullbacks. Moreover, the pullback this morning did not break the recent sideways trading range, only reaching a low of 59700 and 1585, indicating a shift between highs and lows. As clearly explained yesterday, many people either dared not enter with the same strategy or suffered losses, while many others secured substantial profits. Trading recommendations: Continue to buy Bitcoin around 59300 to 59800, with a target of around 61000 to 62000; Continue to buy Ethereum around 1570 to 1590, with a target of around 1640 to 1670.
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