Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (August 27)

Bitcoin/Ethereum surged and then retreated in the afternoon, currently hovering around 79800 and 2510 respectively. The short-term trend remains range-bound, with a low probability of further unilateral upward movement. Resistance levels to watch are around 81300 and 2565. The 4-hour and 8-hour Bollinger Bands remain flat; rallies could present opportunities to short. Short-term support levels are around 77500, 2430, 75500, and 2350. Evening trading suggestions: Short Bitcoin at the current price of 80200, targeting around 78000; Short Ethereum at the current price of 2520, targeting around 2430, with further targets at 81500 and 2570. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication are not timely; please refer to real-time updates.