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Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (June 26)

2026-06-26 12:41:33
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Bitcoin and Ethereum have been fluctuating for the past two days, with Bitcoin showing slightly more strength overall. Although it broke through the previous low of 59,000, reaching a low of around 58,000, it quickly recovered and is currently hovering around 59,600. Ethereum, on the other hand, is generally weak, continuing its weak fluctuations, even falling to around 1510 in the early morning. Frankly, the overall sentiment is bearish, and the trend does indeed appear weak with no rebound potential. However, given the current market conditions, avoiding shorting is a basic strategy. Just focus on the support levels of 58,000 and 1500 for potential rebounds. Regardless of whether this is the bottom, even if a reversal occurs, the price will likely test this support level multiple times before fluctuating and then rising again. Trading suggestions for tonight: Buy Bitcoin around 59,600, with a target of 61,000 to 62,000; Buy Ethereum around 1550, with targets of 1620 to 1650, and targets of 58,000 and 1500.
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