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Analyst Gu Jingci: Bitcoin/Ethereum surged at the start of Monday's trading on October 12, and a short position is directly taken if the resistance is not broken

2026-10-12 03:35:53
Shareshare
Bitcoin/Ethereum ended the morning session with a weekend consolidation and a rise to 84,000 and 2,560, respectively. It had already been clearly mentioned in the bottle last night that even if the market rises, it's not a problem. The focus should be on whether 2,580 and 84,000 are broken and stabilized. After all, during the rapid drop on the 8th, the high point of Ethereum was at 2,586. If this level is not broken and stabilized, it will form a situation where multiple daily K-lines remain bullish without breaking the bearish trend, and the subsequent trend will still weaken. Bitcoin, on the other hand, is facing resistance near the 10-day and 20-day moving averages on the daily chart, which is around 84,200, also in line with expectations. Last night, it had already been mentioned that if the price rises to 84,000 and 2,550, it is advisable to add positions and wait for a decline. Operational advice: Go short on Bitcoin between 83,800 and 84,300, with a target of around 82,000; go short on Ethereum between 2,550 and 2,570, with a target of around 2,470. A new week, let's go! Analysis and strategies are for reference only. Please bear the risks yourself. The article review and release are not timely, and the specific details should be based on real-time data.
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