Bitcoin and Ethereum Pullback: Gu Jingci's Short Position Advice

Bitcoin and Ethereum have been experiencing a continuous pullback after reaching highs of $79,900 and $2,666, respectively. Analyst Gu Jingci reminds investors to remain cautious and enter short positions. According to Gu Jingci, significant resistance levels at $25,300 and $78,000 should be watched during the rebound. The overall trend remains bearish, with Bitcoin likely to end the week with a bearish candle.

For tonight's trading, Gu Jingci advises entering short positions near $77,300 to $77,800 for Bitcoin, targeting around $76,000. For Ethereum, he recommends entering short positions near $2,505 to $2,520, targeting around $2,430. However, it's essential to note that the content of this article solely reflects Gu Jingci's opinion and does not represent Bitget in any capacity.