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Gu Jingci: Short positions in Bitcoin/Ethereum on April 21st yielded multiple profits; bearish outlook remains unchanged in the early morning.

2026-04-20 16:04:20
Shareshare
Since the highs of 78200 and 2460, Bitcoin/Ethereum has seen multiple opportunities to short at the current price and short at higher levels, with the overall gains being evident. Currently, the market rebounded after testing lows of 73700 and 2250 in the morning session, followed by narrow-range fluctuations. Bitcoin's overall rebound has been relatively strong, with a relatively small pullback from the highs. Ignoring the US-Iran conflict news, the daily moving averages broke downwards, forming strong resistance and support around 76300 and 2350. While there has been a rebound, it's not a reversal, and there's still room for further decline. Early morning trading suggestions: Short Bitcoin around 75600-76000, with a target of 73000-74000; Short Ethereum around 2310-2330, with a target of 2200-2250. We're here every day, not to prove a high win rate, but simply to let you know that our team is always present, monitoring the market 24/7, professional and reliable. The analysis and strategies provided are for reference only. Please assume all risks. The review and publication of this article may not be timely. Please refer to the real-time updates.
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