Gu Jingci: Bitcoin/Ethereum surged and then retreated as expected on July 28th; follow-up strategy analysis attached.

Yesterday's strategy for Bitcoin/Ethereum was to short at 65200 and 1965. After the price surged, it fell to around 63000 and 1865, taking a 2200-point and 100-point profit respectively. Many likely chased the rally yesterday, given the numerous counter-arguments against my short positions. Currently, the price is consolidating after the dip, with the moving averages turning downwards again. We need to monitor whether the price action will continue. The 4-hour and daily charts show large bearish candles with high volume, indicating strong bearish momentum. The latest 4-hour candle is a small bearish candle with decreasing volume, suggesting weakening short-term downward momentum and the market entering a consolidation or hesitation phase. The daily chart shows a bearish engulfing pattern with high volume, confirming a short-term trend reversal and the bears taking control. Technically, the MACD (4-hour) DIF line has crossed below the DEA line, and the MACD histogram is negative and expanding, indicating a confirmed and strengthening bearish trend. The daily moving averages are also turning downwards, facing resistance around 1900 and 64500, suggesting a continued weakening trend. Trading suggestions: Continue shorting Bitcoin around 63600-64000, with a target of 61500-62500; continue shorting Ethereum around 1890-1900, with a target of 1800-1840. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.