Gu Jingci: Short positions in Bitcoin/Ethereum were closed after an early morning surge followed by a pullback. Watch for short-term support levels below.

Bitcoin/Ethereum was a shorting strategy initiated in the early morning, with prices above 70800 and 2080. However, the price action was volatile, with the price subsequently falling back to around 67300 and 1993, yielding a loss of 3500 points and 85 points respectively. The market is currently retracing rapidly, so there's no need to rush into long positions, as mentioned in the comments during this retracement. The hourly chart shows the price is still in a retracement phase, with further downside potential. Short-term support levels to watch are 66000 and 1940. Long positions can be entered in batches above these support levels. On the 4-hour chart, Ethereum used the highs around 2200 and 75000 as secondary highs, and after encountering resistance, it broke lower. The middle Bollinger Band resistance has moved down to around 2100 and 72000, indicating a continued short-term downward trend. Currently, focus on short-term support levels during this retracement. Trading recommendations: Buy Bitcoin around 66,500 to 67,000, with a target of around 69,000; Buy Ethereum around 1,950 to 1,970, with a target of around 2,050.