Gu Jingci: How CPI data helps push up, and how much longer can the market keep rising?
Last night, Bitcoin/Ethereum surged thanks to CPI data, reaching highs around 65,100 and 1,897 respectively. Many people then started shouting that the bull market is back and that there’s still more to come. Even many are now waiting for the market to pull back in order to go long—little do they realize: either the pullback won’t give you a chance to enter, or if it does give you a chance, it means a big drop is coming. The current trend is still bearish, and it’s bearish for a large drop. Why?
First, CPI data reflects last month’s situation. Last month had U.S.-Iran negotiations, eased tensions, and also a major drop in oil prices—so the data naturally turned favorable. What about this month? All the “good news” is just mirage; everything will be pushed back to the original state. Today is the 15th, and by the end of the month it will still be chaos—possibly even a big sell-off. At month-end, you may still see 59,000 and 1,600.
Gu Jingci: Ethereum 1876 has already entered a short position. Wait for a big drop—around 77.5 on SOL early in the morning, you can continue to open shorts. Short-term target: 75; medium-to-long-term target: around 70. For Bitcoin at 64,800, you can continue to open shorts as well—still watch the 62,000 and 60,000 areas. #币安九周年 #美国6月CPI降至3.8% #中国金饰价跌至每克约1215元
Gu Jingci: 7.14 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis
Bitcoin/Ethereum saw a quick surge in the evening on the back of the CPI data, with Ethereum rising particularly strongly. The short positions that had been laid out were also closed directly after the move. Right now, the market has pushed higher; after all, news is news. Over the past few days, BTC has mostly been moving sideways. The evening data also has not broken the recent high. There is clear resistance overhead. In the evening, you only need to watch the 64,700 level and the 1,900 area for resistance. Chasing longs is out of the question. If 1,900 is not broken and held, it will lead to multiple attempts to rally followed by pullbacks, driving a drop on the daily timeframe. The downside room is relatively large.
Evening trading recommendations: For Bitcoin, enter a short around 63,900, targeting around 62,000. For Ethereum, enter a short around 1,870, targeting approximately 1,750 to 1,800. If it breaks down, continue to look lower toward 1,700 and the 60,000 area. Ethereum will likely face a sharp further sell-off. Support levels: 64,800 and 1,910.#币安九周年 #中国金饰价跌至每克约1215元 #2年期美债收益率跌14基点创2月来最大跌幅
Gu Jingci: The SOL 82.4 and 83 short-signal ideas that I reminded several times earlier; the long-term target of 75 has basically been reached. During this period, the “aunt” overall has been rather slow, but the big cake and the SOL space are still very promising. Overall, as long as you have a bit more patience and follow the same line of thinking, you can still capture a great deal of room. #币安九周年 #市场消化9月前至少一次加息 #六月CPI沃什作证与银行财报同周
Gu Jingci: On 7.13, the BTC/ETH short positions fell as expected; they will continue to drop further in the early hours
In the past few days, BTC/ETH have been steadily positioning to build up the short idea. Overall, ETH is relatively strong, but it also provides room for adding to positions. As for the big coin, when it falls, it does so rather smoothly—right now, the downside space is simply taken. After dipping, the market rebounded and pushed up, but the strength is not strong.
On the 4-hour chart, the candlestick formed a massive bearish candle with a long upper wick, creating a clear top-reversal pattern. After that, the price continued to decline, showing heavy selling pressure in the short term. On the daily chart, it closed with a huge bearish candle featuring both a long upper wick and a long lower wick, confirming short-term top-side selling pressure. Bulls have exhausted their momentum, and bears are in control.
From the technical indicators on the 4-hour chart: the DIF line has already crossed below the DEA line to form a death cross. The MACD histogram is negative and continues to expand, indicating that short-term momentum has turned into a strongly bearish stance. Also, the daily chart has just started to end a multi-day uptrend, and the market has not stabilized—there is still further room for downside. Moreover, an early-session push on the daily to around 1848 could potentially form a double-top structure. In the early hours, continue to push up and enter shorts while waiting for the drop.
Trading suggestion: For Bitcoin, continue to open shorts around 62,800, add to shorts around 63,600, with a target near 61,200; for Ethereum, continue to open shorts around 1,785, add to shorts around 1,820, with a target near 1,720. For the grandchildren positions: 64,400 and 1,850. #币安九周年 #六月CPI沃什作证与银行财报同周 #美国科技巨头股价盘前下跌
Gu Jingci: Bitcoin/Ethereum short positions declined as scheduled
In recent days, Bitcoin/Ethereum have repeatedly reminded us to raise our thinking for the short positions. Last night, I reminded again: the shorts at 1810 and 64100, and I added shorts at 1835 and 65000. The big pie did not give us a chance to add at that level, while Ethereum did—just the moment when it provided an opportunity to add, it successfully surged upward, and then retraced and fell. As of now, the low has reached around 62000 and 1760. The short positions have gained a relatively large range. Congratulations to the friends who followed the plan and successfully captured the move. #币安九周年 #六月CPI沃什作证与银行财报同周 #美国科技巨头股价盘前下跌
Gu Jingci: 7.12 Bitcoin/Ethereum weekly line is about to close, and the market is about to break out
After the weekend rally in Bitcoin/Ethereum, price has remained in a narrow range of consolidation and trading sideways at high levels. The short ideas we laid out again last night around 64,500 and 1,800 have also not moved—during the early session, the low reached about 1,780 and 63,600, then the rebound was extended again. The continuity between bulls and bears is not strong. There have been plenty of external bearish factors, yet there has been no effective sell-off or strong rally—so volatility has been limited. In this kind of environment, many people think: if bearish news doesn’t drop, it must be going up; or sideways consolidation is a continuation pattern of an uptrend, etc. Currently, after price has probed down from the high, there are dense trapped positions overhead, and altcoins also haven’t shown much performance. This trend looks more like a sideways distribution pattern.
The candlestick structure on the 4-hour chart shows range-bound oscillation. The recent daily highs have confirmed resistance around the previous high area. The latest two 4-hour candles show a slight upward move, but with small real bodies, indicating the market is presenting a consolidation posture above 1,800, with bulls and bears relatively balanced. On the 4-hour technical indicators, both the MACD DIF line and DEA line are running above the zero axis, while the DIF line has started to turn downward—suggesting that short-term upward momentum is weakening. Moreover, trading volume has clearly contracted, especially recently where volume is far lower than that of the previous few candles. This is divergence from the slightly rising price. Be cautious: short-term upside may be weak, and price may enter a consolidation and ranging phase.
Evening trading suggestions: For Bitcoin, short around 64,100, add to the short near 65,000, targeting around 62,000. For Ethereum, short around 1,810, add to the short near 1,835, targeting around 1,740, then sell around 65,600 and 1,860. #比特币计划eCash硬分叉 #AMD股价跌近10% #报告称三巨头IPO或超2000年来风投退出总值
Bitcoin/Ethereum has been consolidating and rising steadily since the market opened in the morning, with basically no significant pullback. The overall rally is clear. For those who didn’t exit in time after our plan last night for a “buy the spike then go short” idea—it's now “the next generation has been liquidated and out.” At present, the market has rallied to around 64,500 for Bitcoin and around 1,800 for Ethereum. The 4-hour chart shows a pattern of rising consolidation; price keeps making short-term new highs, but the upside momentum has started to weaken. Technically, the DIF line and DEA line are forming a golden cross above the zero axis and continuing to diverge upward. The red energy bars are growing steadily, indicating the market is in a strong uptrend and that bullish momentum remains sufficient.
On the daily chart, there is a big bullish candle accompanied by increased trading volume, but it has not reached the extremely high “peak volume” seen during the earlier selloff. This suggests that bullish power is building, but more volume is still needed to sustain a strong upward move. For the evening, key focus is whether price can break through 65,000 for Bitcoin, and 1,833 / 1,850 for Ethereum—especially whether it can break and hold above the 1,850 level. If it fails to break, the outlook remains for a pullback and decline.
Evening trading recommendations: For Bitcoin, go short around 64,500, add to the short around 65,500. Targets: 62,000 to 63,000. For Ethereum, go short around 1,800, add to the short around 1,835. Targets: 1,700 to 1,740. “Next generation” 66,000 and 1,860.#Shein香港上市备案获证监会通过 #油轮关闭应答器霍尔木兹运输放缓 #IEA下调俄罗斯石油产量预测
Gu Jingci: Evening Trading Strategy for Bitcoin/Ethereum on 7.9 with Market Analysis
Bitcoin/Ethereum have been experiencing narrow-range fluctuations throughout the day. Although the larger coin has made some overall upward movement, it is not significant. This kind of situation—rapid selloff followed by a modest upward drift within a tight range—can give many people the illusion that the market has stabilized and still needs to rise further. Our stance of staying bearish since 64,000 and 1,800 remains unchanged. At the daily level, there are signs of stabilization, but the strength is not enough; it is still within a downtrend. The 4-hour chart shows that the recent price action has been range-bound with both long and short forces locked in a stalemate. The latest candlestick has a small real body with a long lower wick, suggesting there is some support below, but overhead selling pressure still exists.
After touching the recent high, the daily chart has produced two consecutive large bearish candles with volume, indicating that the short-term downtrend has been established. The current candle forms a small-bodied doji pattern with trading volume shrinking, showing that bearish momentum has weakened and the market has entered a consolidation phase. For technical indicators on the 4-hour chart, both the DIF and DEA are running below the zero axis, with DIF below DEA; the MACD histogram is negative, and the overall trend remains bearish. However, the MACD histogram has recently shown signs of convergence, suggesting that bearish power has been easing and that a short-term rebound or consolidation is possible. But based on the two-day outlook, the market is still in a downtrend. Watch whether it can break above yesterday’s daily highs at 63,800 and 1,785 during the window from after midnight until tomorrow morning by 8:00.
Evening trading recommendations: For Bitcoin, continue to short around 63,000 to 63,500, targeting around 61,500. For Ethereum, continue to short around 1,745 to 1,760, targeting around 1,670 to 1,700. As for 64,000 and 1,790, those levels are suitable as well. #美国初请失业金降至21.5万 #SK海力士ADR定价149美元 #CFTC警告若加密法案停滞将全面监管
Gu Jingci: 7.9 Bitcoin/Ethereum yesterday’s short positions achieved a complete win. The price climbed in the early session and continued to open shorts
The short-position idea for Bitcoin/Ethereum repeatedly mentioned yesterday played out as the market steadily dipped all the way to the 61,500 and 1,712 area. The overall downside potential was fully realized. Although the price rose somewhat during the early session, clear resistance is evident overhead. On the daily and four-hour timeframes, the MA lines are suppressing price around 1,770 and 63,000, and the MA lines have started to turn downward. The trend has already shifted to some extent. Without a strong breakout on effective volume expansion, this rebound is also giving an opportunity to enter shorts again.
Early-session trading suggestions: For Bitcoin, continue shorting around 62,400 to 62,800, targeting around 61,000. For Ethereum, continue shorting around 1,745 to 1,760, targeting around 1,670 to 1,700. For SOL, continue shorting around 78.2 to 78.6, targeting around 76. #美国对伊朗发动新一轮打击 #BTC交易所供应降至九年低点 #美打击伊朗80余目标
Gu Jingci: The short-selling approach from repeated Bitcoin/Ethereum reminders directly takes off
Bitcoin/Ethereum have been repeatedly reminding people of the short-selling approach these days. During the daytime as prices fall, there are some weak rebounds, which is once again a reminder that the market will continue to decline—continue to go short. The market has kept dropping; as of now, Bitcoin and Ethereum have reached lows around 61,500 and 1,710 respectively. The short positions directly took off. Congratulations to friends who followed the idea and successfully captured a relatively large move.#美国对伊朗发动新一轮打击 #BTC交易所供应降至九年低点 #原油价格上涨亚洲债券下跌
Gu Jingci 7.8: Bitcoin/Ethereum short positions pull back as scheduled, and prices will likely fall further
In recent days, Bitcoin/Ethereum have been repeatedly warning to go long after a push up and to add to short positions; the market has repeatedly spiked higher and then retreated, with plenty of room for movement. Currently, the latest few 4-hour candlesticks show the price has fallen from the high end. Trading volume is extremely low, indicating insufficient rebound momentum. After a strong rebound at the beginning of the month, the daily chart encountered clear resistance above. It has closed lower for two consecutive days, and the recent highs failed to break through, forming signs of a short-term top.
On technical indicators: on the 4-hour timeframe, the DIF line has already crossed below the DEA line, forming a death cross. The MACD histogram is negative and continues to expand, showing that short-term bearish power dominates and downward momentum is strengthening. On both the daily and 4-hour MA indicators, all lines have turned downward. Pressure is significant overhead, the trend is weak, and the market is expected to decline further.
Trading recommendation: for Bitcoin, continue to short near 62,800–63,300, targeting 60,500–61,500. For Ethereum, continue to short near 1,760–1,780, targeting 1,650–1,700. #美国对伊朗发动新一轮打击 #比特币走低 #日本国债收益率上升
Gu Jingci: Bitcoin/Ethereum surge and short again falls as scheduled
The short idea for the Bitcoin/Ethereum high-and-reversal setup that was arranged again yesterday: enter shorts above 63,500 for BTC and 1,785 for ETH. After the market surged high, it fell back again. As of now, the lowest has reached around 62,400 and 1,740. Overall, there is still decent room. In fact, over these past few days, multiple setups like high-and-reversal shorts and topping-up/additional short positions during pullbacks have all shown visible potential. Congratulations to the friends who followed the plan. #美国对伊朗发动新一轮打击 #SK海力士美国上市获超额认购 #SpaceX纳入纳斯达克100指数
Gu Jingci: July 7 BTC/ETH Trading Strategy with Market Analysis
Bitcoin/Ethereum rose again in the early hours, then pulled back. The prior high was not broken before the reversal downward began. On the daily chart, price has reached the upper band of the Bollinger Bands and started to decline. Once the pullback trend is confirmed, the next few trading days are likely to see a downside move. The 4-hour chart shows that after a strong surge in the early hours last night, the morning session formed a long bearish candle with an upper wick, creating a bearish engulfing or dark cloud cover pattern, suggesting strong near-term selling pressure. Recently, the candles have been small-bodied bullish candles with smaller bodies, indicating hesitation in the market after a significant sell-off; the forces of bulls and bears are temporarily balanced.
Technical Indicators: On the 4-hour chart, the DIF line has crossed below the DEA line to form a death cross. The MACD histogram is negative and its absolute value is increasing, indicating that short-term momentum has turned bearish and that bearish strength is building. During the sharp drop in the morning, trading volume was also relatively high, suggesting heavy selling pressure. The most recent candle’s volume has contracted somewhat, which matches the hesitation shown by price action.
Trading Recommendation: For Bitcoin, go short around 63,500 to 63,800, targeting 61,000 to 62,000. For Ethereum, go short around 1,785 to 1,800, targeting around 1,720. #币安九周年 #三星季度利润激增19倍 #比特币本周上涨近7%
Gu Jingci: 7.6 Bitcoin/Ethereum rose as expected and then pulled back, lifting the continuation to go short
For Bitcoin/Ethereum during the day, I repeatedly reminded that the idea was to short at 63,400 and 1,785. The market kept falling until it reached around 61,300 and 1,728, and the shorts captured a great amount of space. Now the market has once again surged, which is once again an opportunity to enter a short position. Resistance overhead is clear. The market sees repeated back-and-forth between longs and shorts, with weak follow-through. You need to be prepared for trend fluctuations and hold onto your space.
After four hours of consolidation near the highs, the Bollinger Bands have narrowed. In this kind of high-range consolidation, if the market does not break above the high, and the lows are continuously moving down, it is likely that it will continue to surge up and then pull back.
Evening trading plan: For Bitcoin, continue to go short around 63,500 to 63,800, with targets around 61,000 to 62,000. For Ethereum, continue to go short around 1,785 to 1,800, with targets around 1,680 to 1,720. #SK海力士将发行1.779亿份ADS #SK海力士拟将美国ADR募资投入芯片扩产 #美国科技股期货上涨
Gu Jingci: 7.6 Bitcoin/Ethereum build a double-top pattern—prices may still drop further
With the same strategy, some people profit, some lose, and some just break even—that’s something that’s been said many times. Last night, I followed the idea of going short after the spike. The levels 1800 and 63,800 were successfully used to add to the position, and I’m currently in a slight profit. Last night, Bitcoin surged to around the high of 63,980—just one step away from 64,000. As for Ethereum, it has not broken the daily high. On the 4-hour timeframe, a double-top pattern is forming. Once support at 62,400 and 1,747 is broken, the market will likely continue to surge up and then pull back downward, including the SOL 82.4 short from the day before: the short-term target 80 was successfully reached yesterday afternoon. Even when it rallied again in the evening, it still provided another opportunity to enter. On the upside, resistance remains—keep an eye on 64,000 to 64,500 and the 1,850 level.
Trading advice: After adding to the position, hold the short with average prices of 63,400 and 1,785 patiently. If you don’t have any shorts yet, continue to open shorts for Bitcoin around 63,400 to 63,800, targeting 60,500 to 61,500. For Ethereum, keep shorting around 1,785 to 1,800, targeting 1,680 to 1,720. For SOL, continue to short around 81, with a short-term target of 79. For the medium-to-long term, keep watching the 72 to 75 area. #SpaceX将于7月7日纳入纳斯达克100 #韩股KOSPI涨2.7%芯片股领涨 #上半年加密黑客达207起损失9.72亿美元
Gu Jingci: 7.5 Bitcoin/Ethereum evening trading strategy with market analysis
After Bitcoin/Ethereum surged overnight in the early hours, they pulled back and declined. During the daytime, there was some rebound into the evening. Our short-sell idea for the 63000 and above 1790 levels, which we set in the early morning, saw price drop to the 62400 and 1747 area. The overall ETH still has decent room. Now the market is surging again; for tonight and into the early hours, watch the key pressure zone around last night’s high. The 4-hour Bollinger Bands have already started to narrow, and short-term upside momentum is weakening. If price does not break the high, it will likely form a second attempt to test the top that fails, followed by another pullback—and the pullback may even accelerate. Also with tomorrow being Monday, even if next week’s market continues to push higher, at the start of the week there will likely be a pullback to test support levels below before another rebound. Many times, the same strategy results in some people profit and others lose—it all depends on how you execute it.