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Gu Jingci: I am firmly bearish at this level, with a target of 2000 points and a further 100-point drop.

2026-04-08 09:48:41
Shareshare
Today, after the morning rally, at least 99 out of 100 people told me to buy on the pullback. However, I started advising on short positions from the current price above 72300 and 2250 this morning, and I'm still advising to go short directly. Although Ethereum isn't very volatile right now, the price could fall quickly. Don't chase the rally, and don't buy on pullbacks. Only short above 2200. As for when to go long, watch the support level at 2150. Bitcoin/Ethereum is facing resistance at 73000 and 2180 these past two days. Short positions should target 2000 points and 100 points down, respectively.
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