Analyst Liang Qiu: 5.6 Bitcoin/Ether short position successfully verified, continuing to pump higher into the short position tonight.

Bitcoin/Ethereum has repeatedly suggested the idea of pumping short positions since last night and during today’s day trading. In the evening, Bitcoin and Ether dropped to around 93300 and 1750 respectively. The overall space for Ethereum is still quite good. During the evening's decline, timely reminders to take profits were also given, and I believe friends who are rooted in the market have a good space. Currently, the market has repeatedly surged and then retreated. In yesterday's article, I emphasized multiple times that Bitcoin broke below the daily MA7 and MA10 at the 95000 level. Subsequently, this position serves as a top-bottom conversion to observe selling pressure and retreat, which has been validated in the later market. For now, refer to the support around the 92000 level. If it continues to break down, there will be further downside space. The change in trend requires a flexible response. The continuous bearish candles on the daily chart also indicate a weakening trend. The current movement will depend on whether the subsequent rebounds keep making lower highs.

In the early morning, Liangqiu suggests to short Bitcoin around 94800 to 95300, with a target near 93000; for Ethereum, continue to short around 1780 to 1800, with a target near 1730.

Daily strategy analysis is limited, and the market is highly volatile, with specifics based on real-time data. #Gate.io 币种上新 #以太坊 Pectra 升级 #Strategy 再增持 BTC