Trader Gu Jingci: 10.19 Bitcoin/Ethereum short positions secured; sell again if prices rise
During the daytime session, I again reminded traders to set up short positions on the rally in Bitcoin and Ethereum. As prices fell in the evening, they reached around 2,380 and 81,700, where I also advised closing the positions. The shorts captured a good move. Prices surged again in the evening to around 82,500 and 2,420. The overall trend remains range-bound and somewhat weak, but there is strong support around 2,300 and 79,500 below, so there is no need to be overly bearish. Resistance remains around 83,000–84,000 and 2,460–2,480.
Evening trading suggestions: Continue to enter short positions on Bitcoin around 82,300–82,800, targeting around 81,000; enter short positions on Ethereum around 2,410–2,430, targeting around 2,360.
Enter long positions on Bitcoin around 80,500–81,000, targeting around 82,500; enter long positions on Ethereum around 2,330–2,350, targeting around 2,410. (Long positions are only for tonight through the early hours; stop-loss levels for the long positions are 79,500 and 2,300, respectively.) Analysis and strategies are for reference only; trade at your own risk. Articles are reviewed before publication and may not be timely, so please rely on real-time conditions! #加密金库存款超100亿美元 #比特币突破8.3万美元 #USD1稳定币两周市值减少超4亿美元
During the daytime session, I again reminded traders to set up short positions on the rally in Bitcoin and Ethereum. As prices fell in the evening, they reached around 2,380 and 81,700, where I also advised closing the positions. The shorts captured a good move. Prices surged again in the evening to around 82,500 and 2,420. The overall trend remains range-bound and somewhat weak, but there is strong support around 2,300 and 79,500 below, so there is no need to be overly bearish. Resistance remains around 83,000–84,000 and 2,460–2,480.
Evening trading suggestions: Continue to enter short positions on Bitcoin around 82,300–82,800, targeting around 81,000; enter short positions on Ethereum around 2,410–2,430, targeting around 2,360.
Enter long positions on Bitcoin around 80,500–81,000, targeting around 82,500; enter long positions on Ethereum around 2,330–2,350, targeting around 2,410. (Long positions are only for tonight through the early hours; stop-loss levels for the long positions are 79,500 and 2,300, respectively.) Analysis and strategies are for reference only; trade at your own risk. Articles are reviewed before publication and may not be timely, so please rely on real-time conditions! #加密金库存款超100亿美元 #比特币突破8.3万美元 #USD1稳定币两周市值减少超4亿美元