Since shorting Bitcoin/Ethereum from its previous highs of 82300 and 2380, the price reached lows of 79800 and 2255 last night, representing a significant range. Currently, the price has rebounded somewhat, but the rebound is weak and more of a correction after the rapid short-term decline. On the daily chart, Ethereum is generally weak, with the moving averages (MA) providing resistance around 2320-2330. While Bitcoin appears strong, it's actually draining liquidity from other cryptocurrencies in the short term. This strong, volatile market is unlikely to last, and further declines are expected. The short positions entered last night are currently near the current price and can be re-entered. Trading suggestions: Short Bitcoin around 81200-81500, with a target of 78500-79500; Short Ethereum around 2300-2320, 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 information.
Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (May 13)
2026-05-13 04:36:00
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