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Trader Gu Jingci: Short positions on Bitcoin/Ethereum have reclaimed some ground

2026-10-28 14:50:38
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After the overnight surge of 79,600 and over 2,300 contracts for Bitcoin/Ethereum, the morning session saw another setup with short positions at 81,000 and 2,360. The price surged higher before pulling back to around 80,400 and 2,320. Given the upcoming data release early in the morning, it's prudent to take profits and exit first. Look for new entry opportunities after the data release—maintaining a strategy of going long first, then short, can still capture a solid trading range.
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