Follow for more, earning millions, hello everyone, I am analyst Gu Jingci, here to share my views, and I hope that every friend who keeps up can achieve good returns!

You can follow the official account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have repeatedly reminded of the short positions during the previous downtrend to a perfect expectation of a descent to 68800 and around 2100. Since the decline, I have repeatedly reminded that the current market is relatively volatile, and I also reminded that high selling and low buying can capture multiple cycles, which can be observed, with at least three to four hundred points space overall. Currently, the 4-hour K-line pattern indicates that it has been oscillating narrowly within a range recently, with small K-line bodies, indicating that the market is in a consolidation state, and both bulls and bears have relatively balanced forces, lacking a clear direction.

The daily chart shows that after peaking it has experienced a round of increasing volume decline, and recently the K-line bodies have become smaller, indicating that the downward momentum has weakened, but overall it is still in a downtrend. On the technical indicators, the 4-hour MACD's DIF and DEA lines are both operating below the zero axis, with the DIF line below the DEA line, but the absolute value of the negative MACD histogram is converging, indicating that the bearish momentum is weakening, potentially suggesting a slowdown in the downtrend or a potential rebound in the short term. This consolidation also means that a new trend is about to form, paying attention to the weekly closing status these next two days over the weekend; if it continues to weaken, there is further room for downward movement.

Operational suggestions: Short Bitcoin around 71000 to 71500, target around 68500 to 69500; Short Ethereum around 2160 to 2180, target around 2050 to 2100, if it breaks continue to look down to 67000 and around 1980.

Daily analysis and strategies have a relatively high winning rate, which can be observed; the analysis and strategies are for reference only; please bear the risk; the article review and publication do not have timeliness; specifics depend on real-time! For more strategies, please follow the official account: Gu Jingci

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