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Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (August 21)

2026-08-21 05:00:41
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Bitcoin/Ethereum has surged dramatically in the past few days, creating a situation where chasing the rally is risky, while shorting seems impossible due to fear of further upward movement. Frankly, if you're afraid, you should probably just stay home. This market requires close monitoring and real-time analysis. The price initially rose to around 75800 and 2380 before pulling back. Looking back at the previous rally, resistance was encountered around 76000 and 2380-2400. Now, we'll see if this level holds. A breakout could lead to another surge towards 82000 and 2560, but we won't trade until then. Trading suggestions: Short Bitcoin around 75000-75500, target around 73000; Short Ethereum around 2360-2380, target around 2250-2300, with short positions at 76000 and 2400. Analysis and strategies are for reference only; please trade at your own risk. The article's review and publication may not be timely; please refer to real-time updates.
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