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Gu Jingci: Bitcoin/Ethereum short positions fell again as expected, and there may be further downside potential tonight.

2026-03-19 12:50:06
Shareshare
Bitcoin/Ethereum short positions were opened last night at the current price of 72500 and 2250, but retraced to around 70500 and 2150. Short positions were then opened again this morning at the current price of 71500 and 2220. The price rallied and then fell back, currently reaching a low of around 69400 and 2140. Overall, the price action has been quite good, but the overall trend is weak, with limited rebound strength. The break above has created resistance, and further downside is possible tonight and into the early morning. Watch the 68000 and 2100 support levels.
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