The same strategy can result in some people making money, some losing money, and some breaking even – this has been said many times. Last night's strategy of shorting on rallies resulted in successful add-ons at 1800 and 63800, currently showing a small profit. Bitcoin rallied to around 63980 last night, just shy of 64000, while Ethereum failed to break its daily high. A double top pattern is forming on the four-hour chart. A break below 62400 and 1747 would likely lead to further rallies followed by declines. This includes the short position at sol82.4 from the day before yesterday, whose short-term target of 80 was successfully reached yesterday afternoon. The rally last night provided another entry opportunity. Resistance remains at 64000-64500 and 1850. Trading suggestions: After adding to your short positions, hold them patiently at an average price of 63400 and 1785. For those without short positions, continue to short Bitcoin around 63400 to 63800, with a target of 60500 to 61500. For Ethereum, continue to short around 1785 to 1800, with a target of 1680 to 1720. Continue to short around Sol81, with a short-term target of 79 and a medium- to long-term target of 72 to 75.
Gu Jingci: Bitcoin/Ethereum forms a double top pattern on July 6th, and the market will continue to fall sharply.
2026-07-06 03:55:14
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