Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (August 3rd)

Bitcoin/Ethereum traded in a narrow range over the weekend, repeatedly ralliing and then falling back, indicating significant resistance above. Our consistent short-selling strategy has yielded substantial gains, and those who followed our advice have profited handsomely. Currently, the market is using news to stabilize, which undoubtedly increases future risk. On the daily chart, the market is oscillating back and forth, with new lows appearing. Looking at the moving averages, the 5-day, 10-day, and 20-day moving averages have all turned downwards, indicating continued downward pressure at 63900-64500 and 1880-1890 respectively. This suggests continued significant resistance above. Evening trading suggestions: Short Bitcoin around 63800-64300, with a target of 61000-62000; Short Ethereum around 1870-1880, with a target of 1780-1820. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication may not be timely; please refer to real-time information.