Gu Jingci: The short-selling strategy repeatedly suggested on June 18th for Bitcoin/Ethereum resulted in a decline as expected; early morning strategy analysis.

We repeatedly advised going long on Bitcoin/Ethereum around 1600 and 1650 in the early stages, and also repeatedly advised shorting during the recent price surge, which resulted in a clear upward and downward correction. Currently, the price is rapidly declining, indicating a weak overall trend. We should pay attention to whether the 62000 and 1680 levels can provide short-term support in the early morning. On the 4-hour chart, recent consecutive bearish candlesticks indicate that bears are in control, with selling pressure at the short-term top driving prices down. On the daily chart, after a surge in volume, three consecutive bearish candlesticks have erased most of the gains, indicating weakening upward momentum and a shift to a downtrend. Technically, the 4-hour chart shows the DIF line crossing below the DEA line, forming a death cross, and the MACD histogram continuing to diverge downwards below the zero line, indicating strong bearish momentum and a clear downward trend. However, the price has also approached the previous starting point of the rise at 1670 and above 62000, so we need to pay close attention to whether these levels are broken. If support holds, a rebound is possible. Early morning trading suggestions: Bitcoin: Buy around 62300-62600, target around 64000; Ethereum: Buy around 1680-1690, target around 1760, with further targets at 61000 and 1650. We're here every day, not to prove a high win rate, but simply to let you know 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 updates!