Gu Jingci: Bitcoin/Ethereum Trading Strategy and Market Analysis (September 16th)

Bitcoin/Ethereum prices fell sharply in the evening, reaching lows of around 75500 and 2387 respectively. The previously advised short positions have proven effective. The price has rebounded after the initial dip, with a long lower shadow indicating some support. The latest 4-hour candlestick is a small-bodied bearish candle with extremely low volume, showing strong selling pressure, but some buying interest at lower levels. Technically, the 4-hour MACD indicator shows the DIF line below the DEA line, and the MACD histogram is negative and expanding, indicating strong bearish momentum and a short-term bearish trend. Further resistance levels are expected around 2500 and 78000, with a potential for a short-term rebound. Early morning trading recommendations: Buy Bitcoin around 75800-76300, with a target around 77800; Buy Ethereum around 2390-2410, with a target around 2480. 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.