Gu Jingci: Take profit on Bitcoin/Ethereum short positions on April 16th; continue shorting on overnight rallies.

The short positions above 74800 and 2355, which were repeatedly mentioned in the early morning for Bitcoin/Ethereum, saw the price drop to around 73200 and 2280 in the evening, resulting in a significant gain. Currently, the price has rebounded somewhat, and this pullback provides another opportunity to short. On the 4-hour chart, the latest candlestick is a large bearish candle with increased volume, indicating strong short-term selling pressure. On the daily chart, after a rapid rise, recent candlesticks with long upper shadows and the current large bearish candle indicate weakening upward momentum and a market correction. Technically, the 4-hour MACD indicator shows the DIF line crossing below the DEA line, forming a death cross, and the MACD histogram is negative and expanding, confirming and strengthening the short-term downtrend. Furthermore, the recent 4-hour candlestick shows significantly increased volume, accompanying the price decline, confirming the validity of the current downtrend. While the daily chart showed high volume during the previous rise, the current daily volume is relatively lower than in previous days, requiring monitoring of future volume changes. Short positions entered in the early morning were closed with profit, and further short positions can be entered on the subsequent rally. Trading suggestions: Bitcoin: Enter short positions around 74500-74800, with a target of 72000-73000. Ethereum: Enter short positions around 2330-2350, with a target of 2240-2270. If it breaks below, continue to target 70500 and 2200. We are 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 risks. Article review and publication are not timely; please refer to real-time information.