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Gu Jingci: Hold your short positions in Bitcoin/Ethereum after the price surges and wait for a pullback in the early morning.

2026-08-31 16:07:42
Shareshare
Bitcoin/Ethereum rebounded strongly after a rapid decline in the morning session. Our repeated recommendations last night for short positions in Sol (103.5-104), gold (4450-4460), Bitcoin (78500), and Ethereum (2455) are currently only slightly underwater on Ethereum. We'll be watching for an opportunity to add to positions around 2490 in the early morning. If that happens, we'll add to our positions to average down and wait for a potential drop before a breakout. Currently, the price is hovering around the daily moving average after the initial surge. Often, profit and loss are separated by a single decision; patience is key. 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.
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