Hello everyone, I am Gu Yue. The recent market can be described as moving at lightning speed. In a bull market, you never know where the top is. There is a saying that in a bull market, one does not speak of a top. Bitcoin created a historical moment yesterday, rising over 9,000 points in a single day, with an increase of more than 10%. Although Ethereum did not perform as strongly as Bitcoin, it still rose by 280 points, reaching an increase of about 8%. Such increases are relatively common in a bull market. There are many opportunities in a bull market, but I believe not many can seize them, as prices are already very high, causing many to hesitate to enter the market for fear of being trapped at high levels. This concern is quite valid, but we must not lose the courage to seize opportunities. A successful person possesses the ability to withstand risks while also having the ability to seize opportunities. If anyone feels lacking in ability, today I will guide you in analyzing how to withstand risks and seize opportunities.

Currently, the highest price for Bitcoin is at 89,800. After reaching this high point yesterday, it has started to gradually pull back today. We need to analyze whether the 89,800 position is at a top-bottom conversion point through candlestick analysis. From the daily candlestick analysis, if today’s candlestick closes with a bearish candle that aligns with the bottom of yesterday’s candlestick, it means that if yesterday's rise is mirrored by today’s drop, then the candlestick will form a double top structure. Once this structure is formed, the subsequent market is likely to experience a significant decline, so this is a risk we need to consider. Here, I need to make a bold prediction: whatever Bitcoin rose yesterday, it will drop today by the same amount. Bitcoin is expected to fall to at least 81,000, or even below 80,000 USD. Currently, the 89,000 USD level is a resistance position; if this level is not broken, we should decisively short.

From the current situation of Ethereum, the upper resistance is at 3,380. The overall trend is similar to Bitcoin. The MACD red energy bars on the hourly chart are gradually decreasing, and the bullish momentum on the four-hour chart is currently insufficient. However, there are no obvious signals for a decline yet, so it is inferred that during the day, there may be a short-term upward stretch before a drop in the evening. Since the upper resistance is too close, there is insufficient space, so we do not need to take the risk of going long. It is better to wait for a stretch before shorting and set up for a waterfall to earn a substantial profit.

For Bitcoin, we will enter the market in three phases: the first entry position is at the current price of 88,000, the second entry position is at 88,500, and the third entry position is at 89,000. The first target is 83,000, the second target is 82,000, and the third target is 81,000, with a limit of 80,000 USD. Everyone should allocate according to their personal situation.

For Ethereum, we will also enter the market in three phases: the first entry position is at the current price of 3,320, the second entry position is at 3,350, and the third entry position is at 3,380. The first target is 3,180, the second target is 3,140, and the third target is 3,100. Choose your entry timing and position ratio based on your personal situation and exit for profit on your own.

There are many types of investments, and it is important to choose what suits you best. There are many paths, and it is crucial to choose the right guide. I am Gu Yue, interpreting world economic news, analyzing global investment trends, and providing 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. It should not be used as a basis for actual operations. Market conditions are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

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