Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Gu Jingci: Successfully shorted Bitcoin/Ethereum from 1.7, reaching the target. The early morning rally can be used to continue short positions.
For Bitcoin/Ethereum, multiple reminders during the white session and evening to short above 93800 and 3270. Add to short positions around 3300 for Ethereum. After the market surged, it fell back to around 3180 and 91200, filling the overall space. Currently, the market is rebounding again. After all, the previous support around 3180 and 91000 served as short-term starting points for the rally, but the daily and four-hour charts are beginning to pull back after rising, indicating a trend change.
On the candlestick pattern, the daily level shows that after forming highs near 94800 and 3310, the price has pulled back. It is now in an adjustment phase, with candlesticks alternating between bullish and bearish.
In the 4-hour cycle, there are candlesticks with long upper shadows, indicating heavy selling pressure above. At the same time, the current closing price is below the previous wave high. On the technical indicators, the daily MACD histogram has shifted from positive to negative, with DIF and DEA gradually approaching each other, suggesting possible consolidation or downward movement in the short term. In the 4-hour cycle, DIF crosses below DEA, strengthening the bearish signal.
Early morning trading suggestions: Continue shorting Bitcoin around 92500-93000, with targets near 90000-91000; continue shorting Ethereum around 3240-3270, with targets near 3150-3180.
Daily analysis and strategy have a high success rate, all can be observed. The analysis and strategy are for reference only; please bear the risks yourself. The article's review and publication are not real-time, so please refer to live data!