Gu Yue: The long position has perfectly taken profit, after a rise, it has fallen back again. In the afternoon, the focus will be on shorting at high positions.

CN
谷月
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1 month ago

Hello everyone, I am Gu Yue. Yesterday's long position successfully took profit again, with Bitcoin peaking around 92,700 and Ethereum peaking around 3,220, exceeding our profit-taking expectations. The current market is a volatile one, with a pullback after the highs. Currently, Bitcoin is stabilizing around 92,000, and Ethereum is stabilizing around 3,130. Analyzing from the hourly chart, the MACD green energy bars are gradually increasing, and the moving averages are starting to move down and break through the middle track of the Bollinger Bands. The market is expected to gradually decline during the afternoon, with Bitcoin support around 90,000 USD and Ethereum support around 3,060. During the afternoon decline, we need to pay attention to the support levels below and maintain a strategy of shorting high and going long low.

It is recommended to short Bitcoin around 92,000 with a target of 90,500-90,000 USD and exit for profit.

It is recommended to short Ethereum around 3,130 with a target of 3,080-3,050 and exit for profit.

There are many types of investments, and it is important to choose what suits you. There are many paths, and it is crucial to choose the right guide. I, Gu Yue, interpret world 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 only represents personal views and is for reference only. It should not be used as a basis for actual operations. Market changes are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

Scan the QR code below to follow the public account for the latest consultations.

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