Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (August 30)

Bitcoin/Ethereum traded sideways with an upward bias over the weekend. After a rapid drop to around 76800 and 2405, the pair rebounded and is currently around 78700 and 2475, indicating significant upside potential. The key levels to watch tonight and in the early morning are 79000 and 2485; a break and hold above these levels would likely lead to further upward movement towards 79800 and 2520. However, this weekend's correction also reflects the previous rapid decline, and the 4-hour and 8-hour charts suggest a potential double top. Failure to break through these levels could trigger a new round of declines. Trading suggestions for tonight: Short Bitcoin at 78700, targeting around 76800; Short Ethereum at 2475, targeting around 2410, with further targets at 80000 and 2530. This analysis and strategy 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.