Bitcoin/Ethereum was a shorting signal yesterday morning above 69700 and 2150. After a rally in the evening, shorting was again suggested near the current price of 69200 and 2130. Those who followed these shorting signals gained over 3000 points and 130 points respectively. Currently, the market has rebounded somewhat, but the strength is weak. Looking at the four-hour and eight-hour charts, there is still room for further decline; the market has not truly stabilized. Earlier, it was clearly stated that shorting could be continued near 68300-68600 and 2090, as the market bottomed out near 68200 and 2090 during the morning's decline. The current rebound after breaking the low is unlikely to hold, and further declines are expected. The daily, four-hour, and eight-hour charts still show room for further retracement. Focus on trend trading and securing profits. We continued shorting in the early morning, targeting Bitcoin around 68300-68600, with a target of 666000-67000; and Ethereum around 2085-2100, with a target of 2000-2030. We're here every day, not to prove a high win rate, but simply to let you know 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 risk. Article review and publication are not timely; please refer to real-time information.
Gu Jingci: Bitcoin/Ethereum short positions fell as expected on April 8th, and will likely continue to rise and fall in the early morning.
2026-04-07 16:41:24
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/3147317.html
More exciting content is available on
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
(https://t.me/mytokenGroup)
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
(https://t.me/mytokenGroup)