Gu Jingci: Ethereum surged again in the evening of August 23, but faced significant resistance above.

Ethereum surged again to around 2485 this evening, showing a significant overall upward trend. Our short positions we initiated this evening around 77300-77800 and 2430-2450 provided opportunities to add to our positions in Ethereum. Those who missed out can add to their positions around 2470. Bitcoin, however, didn't offer an opportunity to add to positions; just hold patiently. Such a strong upward move won't immediately drop, as we've emphasized before; there will be a natural process of repeated fluctuations, allowing for several rounds of buying low and selling high. However, the current rally presents a good opportunity to short at higher levels. Add to your Ethereum short positions at 2470 this evening and early this morning, and hold your Bitcoin short positions around 77300-77800, patiently waiting for a pullback. Place stop-loss orders at 78800 and 2500. 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.