Follow for more, earn millions. Hello everyone, I am analyst Gu Jingci, sharing my views here, hoping that every friend who follows can achieve good returns!

You can follow the public account Gu Jingci, focused on mainstream currency guidance and layout. The short selling ideas for Bitcoin/Ethereum that have been continuously reminded over the past few days have all been validated. During the early market surge, I reminded again of short positions around 2270 and 76300, which also retracted down to around 2230 and 75200 as expected. Although the movement is not large, it is overall quite good. Currently, the market has rebounded and surged, and the hourly line has also narrowed dramatically. The upper conversion positions mentioned in the morning, from 76500 to 77000 and around 2280 to 2300, are forming short-term resistance. The 4-hour chart shows that since the surge, the price has continued to decline, forming a series of lower highs and lower lows, indicating an overall downward trend.

On the daily chart, since the 27th, large bearish candles have appeared consecutively with high trading volume, indicating that the daily level is also in a clear downward trend. The DIF, DEA, and MACD histogram are all running below the zero axis and continuing to decline. The DIF line is below the DEA line, showing strong bearish momentum and a downward trend. The latest 4-hour and daily K-line trading volumes are relatively shrinking, which may indicate that short-term selling pressure is easing, but there has not yet been an obvious signal of buying volume.

Operation suggestion: Continue to short Bitcoin at the current price of around 76100 to 76500, with a target of around 73000 to 74000; continue to short Ethereum at the current price of around 2260 to 2280, with a target of around 2160 to 2200.

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