Analyst Gu Jingci: 10.1 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis

Bitcoin once again weakened first, but the rebound strength was not strong. Ethereum remained narrowly oscillating around 2700. Yesterday, multiple positions were set up for short contracts above 84500, 84600, 2710, and 2700. The market repeatedly rose and fell, with Bitcoin repeatedly falling to around 83000 and Ethereum repeatedly falling to around 2660. The overall space is visible. Since Bitcoin/Ethereum broke below 2740 and 85000 from the high point of 87000 and 2800, it has been in a narrow range for 8 trading days. The oscillation cycle is about to end, and subsequent operations will no longer continue with high selling and low buying. All strategies will be based on the market conditions to capture the space. First, continue to focus on the pressure at 2750 and 85500 to 86000. The daily line has been in a horizontal range for too long, and a large fluctuation will appear later. Based on the pressure, go short at higher prices.