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Analyst Gu Jingci: Bitcoin/Ethereum Longs and Shorts Continue to Profit on 9.29, Plus Latest Market Analysis

2026-09-29 08:03:35
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The articles about Bitcoin/Ethereum have repeatedly reminded of the volatile market, advising to take profits at high points and buy low, thus capturing several waves of gains. Friends who followed the strategy must have had good returns. The current market rebounded and rose again after a morning drop. Since an opportunity has been given, continue to enter short positions. The 4-hour chart shows a strong bullish candlestick, closing near the highest price and engulfing the previous bearish candlestick, indicating increased short-term buying pressure. The price is testing the resistance around 2730 and 84600.
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