Gu Jingci: Bitcoin/Ethereum Weekly Close Approaching on 4.5, Plus Evening Market Analysis



Bitcoin/Ethereum have been trading within a narrow range these days. The previously planned short positions above 2065 and 67200 have repeatedly surged and pulled back. The lowest points recently reached around 66600 and 2020, respectively, allowing for a decent profit margin overall. However, the market has surged again, reaching a high of around 67800 and 2070. The overall trend remains volatile, with clear resistance above. The latest 4-hour candlestick is a bullish candle with a long lower shadow, rebounding sharply from the lows of 2, accompanied by high volume, indicating strong buying pressure below and signs of stabilization in the short term.

The daily chart shows that after a significant decline, the price is now in a consolidation phase, still under pressure from previous highs. Technical indicators show the DIF and DEA lines both below the zero axis, with the MACD histogram negative, indicating a bearish trend on the 4-hour level. However, the DIF line is converging upward, and the MACD histogram is narrowing, suggesting weakening bearish momentum and a short-term rebound potential. Despite heavy selling volume during the previous sharp decline, recent days have seen decreasing trading volume, and the rebound volume has increased recently. Attention should be paid to whether this volume can sustain.

Evening Trading Suggestions: Continue short positions around 67500-68000 for Bitcoin, targeting 65000-66000; continue short positions around 2060-2080 for Ethereum, targeting 1950-2000.
BTC-0,11%
ETH-1,03%
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GateUser-998d685avip
· 5h ago
Go all in 🤑
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LiquidatedAt007vip
· 6h ago
Just go for it 👊
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GuJingcivip
· 6h ago
Analysis and strategies are for reference only. Please assume the risks yourself. The article review and publication do not guarantee timeliness; please refer to real-time information!
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GuJingcivip
· 6h ago
Chong Chong GT 🚀
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GuJingcivip
· 6h ago
Hop in! 🚗
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GuJingcivip
· 6h ago
Just go for it 👊
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