Trader Gu Jingci: Bitcoin/Ethereum Trading Strategy for the Early Morning of November 12, with Market Analysis

Bitcoin/Ethereum rebounded and surged after touching bottom last night, with a relatively good upward movement. The price peaked at 74,400 and 2,090 in the evening, just short of the previous high point of 74,800 and 2,095 after the initial drop last night. The levels of 75,000 and 2,100 now form a new resistance after top-to-bottom reversal. Focus on whether prices break through and hold above 75,000 and 2,100 early this morning; if confirmed, further upside could be expected. Early morning trading strategy: Short Bitcoin around 74,300–74,700 with target at 73,000; short Ethereum around 2,080–2,100 with target at 2,030. Target for breakout: 75,100 and 2,110.