Gu Jingci: Bitcoin/Ethereum traded sideways on September 1st, while gold led the decline.

Bitcoin/Ethereum rebounded from its lows yesterday morning, reaching highs of 79200 and 2490 in the early morning. Our short positions entered yesterday at 78500 and 2455, and the additional short position at 2490, are still in place. Ethereum's average price is currently around 2473, with limited upside potential. Our short positions above 103.5 have also seen some upside, but not much. However, our short positions in gold from 4450 to 4460 have reached a low of 4370, yielding over 80 points. Currently, the pullback is relatively slow, so our Bitcoin/Ethereum short positions can be held patiently, waiting for further declines. The daily and 4-hour charts show significant resistance from the moving averages, with multiple attempts to break through these levels followed by pullbacks. However, the downward movement has been volatile, with neither a clear bullish nor bearish trend. The strength of the pullback tonight and in the early morning will be crucial. A significant pullback could allow our short positions to capitalize. Short-term support levels are 77000 and 2400; proceed with caution. The analysis and strategies provided are for reference only. Please assume all risks. The review and publication of this article may not be timely; please refer to real-time updates.