Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (May 9th)

2026-05-09 04:08:52
Shareshare
Following our previous short positions at 82700 and 2415, we again considered shorting Bitcoin/Ethereum yesterday around 2280-2300 and 79500-80000. While some positions are currently underwater, it's not a major concern. As explained last night, the 81000 and 2340-2350 levels are providing significant resistance. Consider adding to your positions around 80500 and 2310-2320, and patiently wait for the price to fall. If you're already feeling the pinch from a small loss, it's best to stay out of the market. We don't trade Bitcoin with hundreds of points or Ethereum with only 20-30 points; our focus is on trend analysis and securing profits. Those with existing short positions should add to their positions, averaging down to around 2300 and 80000. Those without positions should consider shorting again at the current price of 80400 and 2315, with short-term targets around 77500-78500 and 2210-2250, and further down to 2360 and 81300.
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