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

The short positions for Bitcoin/Ethereum above 1965, 1930, and 1920, which were publicly outlined in the past few days, have seen repeated rallies and pullbacks, with the overall range clearly visible. The release of the US June PCE data tonight didn't trigger the expected surge, suggesting an overestimation of the market's potential. After all, tonight's data reflects last month's figures. The previous CPI data release brought significant positive news, causing a substantial rise in the crypto market, and the PCE data, being correlated with the CPI, didn't follow through. Therefore, the trend is relatively clear: the market has rallied again, so continue to short at higher levels. Bitcoin wasn't included in yesterday's strategy because a rebound was anticipated, and it has now reached that point. Trading suggestions for tonight: Short Bitcoin at around 64900, with a target of 62000-63000; Short Ethereum at around 1920, with a target of 1830-1860, and further targets of 65800 and 1960.