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You can follow the official account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum were positioned again yesterday with a short selling strategy at 2160 and 71000, and the market fell as expected in the morning to around 2046 and 68200, with targets of 2050 and 68500 all achieved; short sells took off successfully again. Currently, the market has rebounded quickly from the morning low after a decline from the high points of 75900 and 2386, and there is a degree of stabilization. Additionally, the Ethereum market has reached the lower band of the eight-hour Bollinger Bands, forming short-term support. In the future, pay attention to the support strength at 2050 and 6800 below.

Currently, the overall trend is slightly weak, and the bulls have continuously lost ground. This is also the norm since the significant decline at the beginning of February. Daily and four-hour charts have formed long lower shadows and are currently closing positively, indicating a recovery trend for bulls. Pay attention to the possibility of a second bottom for stabilization and rebound, but there is still short-term pressure above. The daily MA expansion resistance is still at 2200 and 71500, and only an effective breakthrough and stabilization at this position will allow for a bullish outlook.

Trading suggestions: Buy Bitcoin near 68500 to 69000, targeting 70500 to 71500; buy Ethereum near 2080 to 2100, targeting 2160 to 2190.

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