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Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy Analysis (July 2nd)

2026-07-02 14:27:59
Shareshare
The short positions in Bitcoin/Ethereum established during the daytime session were closed out due to the evening surge. As previously mentioned, these positions offered a 20-30 point profit for Ethereum. The long-held strategy over the past few days hasn't yielded the desired results. Currently, the price is rising rapidly, reaching a key resistance level from the previous consolidation range. Chasing the price higher is not advisable; a pullback is expected. Trading recommendations: Enter short positions in Bitcoin around 62000, with a target of around 60500; enter short positions in Ethereum around 1710, with a target of around 1650, and if it breaks down, target 59500 and 1610, with further downside targets at 63000 and 1750.
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