Trader Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy and Market Analysis on November 13

Bitcoin/Ethereum successfully rallied after repositioning longs around 1910-1930 and near 68,300 in the afternoon. In fact, a short position was also set up once around 70,000 and 1980 during the evening's upward surge, resulting in a decent overall range. The market has now retraced again; the recent low area can be seen as short-term support. With rapid short-term declines, a rebound correction is expected soon. Watch for support near the recent low tonight.