Gu Jingci: Bitcoin/Ethereum surged and then fell as expected, with further downside potential in the early morning.

The Bitcoin/Ethereum pair was again targeted for short positions above 80800 and 2505 in the early morning. After a day of sideways consolidation at high levels, the price dropped sharply in the evening following the release of the non-farm payroll data, reaching lows of around 78600 and 2430. As expected, the price rallied and then fell, resulting in significant profits for short positions. Currently, the rebound after the rapid decline is weak. Key levels to watch in the early morning are the 80000 psychological level and the 2470-2480 range for Ethereum, which could present further downside potential. Short-term support levels to watch are 77500 and 2380.