mt logoMyToken
ETH Gas
EN

Gu Jingci: Yesterday's short positions on Bitcoin/Ethereum were a huge success; we continued to short on the morning rally.

2026-07-09 01:46:05
Shareshare
Yesterday's repeated short-selling recommendations for Bitcoin/Ethereum saw the price plummet to 61500 and 1712, maximizing the downside potential. While the price has rallied slightly this morning, significant resistance is evident. The daily and 4-hour moving averages are providing resistance around 1770 and 63000 respectively, and these moving averages are turning downwards, indicating a trend reversal. Without a significant breakout with strong volume, any rebound presents another opportunity to short. Morning trading recommendations: Bitcoin: Short at 62400-62800, target around 61000; Ethereum: Short at 1745-1760, target around 1670-1700; Ethereum: Short at 78.2-78.6, target around 76.
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