The Bitcoin/Ethereum short positions entered during the daytime session were placed at 76000 and 2400, with a slight exit. Currently, the price has risen to around 79600 and 2450 before pulling back, which coincides with the previous daily and weekly support levels of 79500 and 2460. During the daytime session, it was mentioned that a break above 76000 would likely lead to further gains; short positions were entered at that level, and exited upon a break below. Currently, the price has quickly risen and then pulled back, and after some consolidation, it is expected to fall further. Short-term support is seen around 75500 to 76000, while resistance levels are 79500 and the psychological level of 80000. Trading suggestions: Bitcoin: Short at 78000 to 78500, target 75000 to 76000; Ethereum: Short at 2410 to 2430, target 2300 to 2340, with exits at 79600 and 2460. The analysis and strategies provided are for reference only. Please assume all risks. The review and publication of this article may not be timely; please refer to real-time updates.
Gu Jingci: Bitcoin/Ethereum surged again on August 21st; now is the time to short on the pullback.
2026-08-21 09:14:47
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