Gu Jingci: 6.16 Bitcoin/Ethereum: Successful Long-Short Strategy with Latest Market Analysis

The previous long positions in Bitcoin/Ethereum at 63300 and 1650, followed by the short positions at 66600 and 1820 last night, saw the expected pullbacks to around 65600 and 1760, respectively, resulting in decent overall gains. Currently, Bitcoin's overall trend is strong, with relatively small pullbacks, but significant upward pressure remains. The 4-hour chart shows a pullback with an upper shadow, indicating selling pressure. The daily candlestick is bearish with a long upper shadow, suggesting short-term upward resistance and weakening bullish momentum. On the 4-hour chart, the DIF and DEA lines are above the zero line, but the DIF has turned downwards and is approaching the DEA. The MACD histogram is shortening, indicating weakening bullish momentum and a risk of a short-term death cross. However, the relatively low trading volume during the pullback suggests caution regarding the sustainability of upward momentum. Support levels to watch are the recent starting point at 64000 and the 1700 area. Trading suggestions: Continue shorting Bitcoin around 66,500-67,000, with a target of 64,000-65,000; continue shorting Ethereum around 1775-1790, with a target of 1700-1720. 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. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.