Hello everyone, I am Gu Yue. The long position from yesterday successfully took profit again, with Bitcoin peaking around 92700 and Ethereum around 3220, exceeding our profit expectations. The current market is a volatile one, pulling back after a rise. Bitcoin is stabilizing around 92000, and Ethereum around 3130. From the hourly analysis, the MACD green energy bars are gradually increasing, and the moving averages are starting to decline and break through the middle track of the Bollinger Bands. The market will gradually decline in the afternoon, with Bitcoin support near 90000 USD and Ethereum support around 3060. During the afternoon decline, we need to pay attention to the support position below and maintain the strategy of high short and low long.
It is recommended to short Bitcoin near 92000 with a target of 90500-90000 USD for profit exit.
It is recommended to short Ethereum near 3130 with a target of 3080-3050 for profit exit.
There are many types of investments, and it is important to choose one that suits you. There are many paths, and it is crucial to choose the right guide. I am Gu Yue, interpreting world economic news, analyzing global investment trends, providing daily market analysis to offer you the latest trading strategies and professional investment consulting services to help you reach the peak of wealth management.
This article only represents personal views and is for reference only. It should not be used as a basis for actual operations. The market is unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.
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