Hello everyone, I am Gu Yue. Yesterday's market was quite strong, with Bitcoin returning above $90,000 and Ethereum climbing back above $2,500, with an increase of over 10%. Currently, Bitcoin peaked around $95,000, and Ethereum reached $2,550. These two positions are under upper pressure and are still at a critical point for bulls and bears. After encountering resistance, the market began to decline. Currently, Bitcoin has dropped by 3,000 points, and Ethereum has fallen by 200 points. The decline is still ongoing, and we are only in the middle of the downturn, not at the bottom. The market is expected to continue declining during the afternoon session.

Technical Analysis

Currently, the MACD green energy bars are gradually increasing, and the DIF line has crossed below the DEA line, forming a death cross. The hourly chart is gradually moving into a downtrend channel. For Bitcoin, pay attention to the support at $88,000, and for Ethereum, watch the support at $2,280. The afternoon session will focus on these two positions, which we should keep a close eye on.

Trading Suggestions

Short Bitcoin near the current price of $92,000 with a target of $90,000 - $88,000.

Short Ethereum near the current price of $2,380 with a target of $2,280 - $2,200.

There are many types of investments, and it is important to choose what suits you best. There are many paths, and choosing the right guide is crucial. I, Gu Yue, interpret global economic news, analyze major 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 conditions are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。