Gu Jingci: Ethereum will not catch up; the day Bitcoin falls will be the day Ethereum crashes.

2026-05-06 07:44:04
Shareshare
Bitcoin has been hitting new highs for the past two days, while Ethereum has also repeatedly surged to around 2380-2400 before pulling back and consolidating. We've repeatedly advised shorting above 2370 and 2380, and while the gains haven't been significant, there hasn't been any further upward movement. With US stocks continuing to reach new highs, I really don't dare chase the rally. I don't know how much profit those who are so excited about going long have made. Looking back at the market, there hasn't been much of a rise, yet they're already so euphoric? And then there are those who keep saying, "You're bearish again?" At this level, of course I'd short at the highs, and I'd have taken a small position to watch for a pullback, wouldn't that have worked? Besides, haven't you seen the price pull back after every rally above 2380 these past few days? Have you made so much money going long that you're oblivious? I just don't understand!
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