Good evening everyone, I am Gu Yue. The short strategy released yesterday has once again perfectly closed with profits. I don't know how many people followed along, but those who did surely made a good profit. For those who missed out, don't worry, we still have opportunities to layout again today. First, let's analyze the trend of Bitcoin. In the early hours today, Bitcoin broke below $67,000, then hit the bottom and rebounded, currently stabilizing around $68,800. The hourly chart has touched the upper Bollinger Band resistance, and it is unable to continue rising for a short time. We will see another pullback in the evening, so everyone be prepared.
After Ethereum broke below $2,400, it has also rebounded again and is currently stabilizing around $2,440. The hourly MACD has formed a top divergence, and the DIF line and DEA line have crossed below the 0 axis, which will continue to maintain a downward trend. The KDJ has formed a dead cross, and the daily bullish bars are getting longer day by day, with the decline becoming larger each day. In the evening, it is better to maintain a short position after the rebound.
For Bitcoin, short in the range of $68,800-$69,000 with targets of $67,000-$66,500 and exit on your own profit.
For Ethereum, short in the range of $2,440-$2,460 with targets of $2,380-$2,350 and exit on your own profit.
There are many types of investments, and it is important to choose what suits you. There are many paths, and it is important to choose the right guide. I am Gu Yue, interpreting global economic news, analyzing global investment trends, and providing daily market analysis to offer you the latest trading strategy ideas, professional investment consulting services, and help you reach the peak of financial management.
This article only represents personal opinions and is for reference only. It should not be taken as a basis for actual operations. Market changes are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, please follow the public account: Gu Yue KOL#BTC☀ #ETH🔥🔥🔥🔥