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Gu Jingci: Yesterday's strategy of going long first and then shorting on Bitcoin/Ethereum at 3.31 was successful. After the initial surge in the morning, we expect a pullback.

2026-03-31 02:05:22
Shareshare
Bitcoin/Ethereum rallied in the early morning yesterday, with long positions initiated around 66000 and 1980, pushing the price up to around 68000 and 2080 respectively. Later in the evening, short positions were repeatedly suggested around 67600 and 2070. The price tested 66200 and 2010 multiple times in the morning, largely reaching the first target. The strategy of going long followed by shorting yielded over 3000 points and 150 points of profit. Currently, the price is rallied again, but has reached the upper edge of the previous trading range, providing resistance. Watch for breakouts at 68500-69000 and 2100-2120. On the 6-hour chart, the Bollinger Bands are narrowing downwards, and the price encountered resistance at this level. Short positions can be entered again around this level. Currently, the price has rebounded after multiple bottoms, but has not yet broken out of the consolidation pattern. From a technical perspective, the daily price chart shows a descending wedge or bottom consolidation pattern. The MACD indicator's negative histogram is showing signs of shortening, and the RSI has rebounded from oversold territory to around 40, indicating potential for a rebound. Resistance remains above, while support is clearly strengthening below, and the overall volatility is gradually narrowing, suggesting a potential trend reversal. Before a breakout, any upward movement should be monitored for resistance above. Trading suggestions: Short Bitcoin around 68100-68500, with a target of 65500-66500; Short Ethereum around 2080-2100, with a target of 2000-2020. We're here every day, not to prove a high win rate, but simply to assure you that our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time updates.
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