Gu Jingci: Bitcoin/Ethereum short positions from April 7th still have room for further decline; be cautious about bottom-fishing.

Yesterday, we repeatedly advised shorting Bitcoin/Ethereum on rallies, and again in the early morning, suggesting shorting or adding to short positions above 2150 and 69700. The price repeatedly rallied before pulling back, reaching lows around 2086 and 68200. The daily chart ended its consecutive bullish run with a long upper shadow, indicating a weakening trend. The 4-hour chart shows that after a strong upward move, the price has recently seen two consecutive high-volume bearish candles, followed by a small-bodied candle with a long shadow, indicating weakening short-term upward momentum and a market correction. The intense battle between bulls and bears in this area is evident. The high-volume bearish candle with a long upper shadow on the daily chart confirms short-term resistance and initiates the correction. On the 4-hour chart, the MACD indicator's DIF and DEA lines are still above the zero line, but the DIF line is starting to move downwards towards the DEA line, and the MACD histogram is shortening, indicating weakening short-term upward momentum and a risk of a death cross. The large volume accompanying the daily decline further confirms the strength of the correction. There's still room for further decline in short positions. Pay attention to the support levels at 66500 and 2030. Often, whether you're right or wrong at the beginning isn't important; what matters is whether you can capture a decent profit. Without someone to give you unwavering confidence, you can't hold on, and you can't adjust in time when the trend changes. We're here every day, not to prove our win rate, but simply to let you know that our team is always there, 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 information.