Trader Gu Jingci: Bitcoin/ETH Trading Strategy and Market Analysis for October 23

Bitcoin and Ethereum have already entered a narrow consolidation phase before the weekend, with daily fluctuations of around ten points and minimal volatility and poor liquidity, requiring greater patience. Our previous reminders on the 84,500 and above 2,500 short positions for Bitcoin, as well as the long positions near 81,000 and 2,370 following a pullback last night, have all captured good profit margins. The overall trend remains weak; after the drop from the peak, the rebound strength has been insufficient—typical of a bearish continuation pattern. Further shorting opportunities should be considered at higher levels, waiting for a further rally followed by a sharp decline. Evening trading suggestions: Enter short positions in Bitcoin around 82,000 to 82,500, targeting 81,000; enter short positions in Ethereum around 2,415 to 2,430, targeting 2,360. Analysis and strategies are for reference only; risks are borne by the individual. The article's review and publication lack timeliness—actual trades should follow real-time data!