Hello everyone, I am Gu Yue. After a day, the market has risen again. Yesterday, Bitcoin rose to 66,500 and then retraced to around 65,000. Ethereum rose to around 2,650 and then retraced to around 2,600. Currently, Bitcoin faces resistance at around 65,800, and Ethereum faces resistance at around 2,620. The hourly chart has not broken above the resistance level, so the market is expected to experience a pullback. It is not advisable to go long at high positions; the afternoon strategy suggests focusing on short positions.

Recently, the market has been oscillating within a large range. Bitcoin is in the 62,000-67,000 range, and Ethereum is in the 2,300-2,700 range. Currently, both are close to the upper resistance levels. If there is a decline, it will likely test the bottom around 62,000 again, and Ethereum may touch the 2,300 level. Today, Bitcoin is initially looking at around 64,200, and Ethereum at around 2,500.

Afternoon strategy suggestions:

Short Bitcoin near 65,800 to 64,200 for profit; you can exit at your discretion, and be mindful of your position size.

Short Ethereum near 2,620 to 2,500 for profit; you can exit at your discretion, and be mindful of your position size.

There are many types of investments, and it is important to choose what suits you. There are many paths, and choosing the right guide is crucial. I, Gu Yue, interpret global economic news, analyze global investment trends, and provide daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.

This article represents personal views only and is for reference only, not as a basis for actual operations. The market is volatile, and profits and losses are your own responsibility. For the latest trading strategies, follow the public account: Gu Yue KOL.

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