During the rise in Bitcoin/Ethereum prices, it is reminded to take profits on longs and add shorts. The price fell all the way to 2685 and 85000, and taking short positions directly captured a significant space. Currently, after the price dropped, the rebound strength is not strong, and the trend is weak. As mentioned in the afternoon, the daily chart has not broken higher, and even though Bitcoin rose above 87000, it did not break the previous daily high of 87370. If it does not break through, it will form a daily double top pattern, and the trend has already weakened. Look for an opportunity to go long in the early morning and continue to go short. On the four-hour and eight-hour charts, the price surged and then fell back, with the Bollinger Bands turning downward. Pay attention to the short-term support levels of 2630 and 83000.
Early morning trading advice: Continue to go short on Bitcoin around 85500 to 86000, with a target of 83000 to 84000; continue to go short on Ethereum around 2705 to 2720, with a target of around 2640.
Analyst Gu Jingci: 10.3 Bitcoin/Ethereum short positions taken, continue to go short as the price rises early in the morning
2026-10-02 17:01:46
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