Trader Gu Jingci: Bitcoin/Ethereum Evening Strategy

Bitcoin/Ethereum evening positioning with longs near 72,500 and 2,000; during the downward move, Bitcoin dropped to 71,800, the niece exited just short of the nephew, currently still near the average price. Rapid Bitcoin decline without support from the cousin or altcoins is positive—short-term stabilization is possible. With continuous daily-level declines, the current trend remains bearish. Before Bitcoin reclaims 74,000, reversal cannot be discussed yet. The short-term drop is fast, creating potential for a rebound after oversold conditions. A short-term rally is expected. Early morning trading suggestion: Enter longs near 71,300 for Bitcoin, target 73,000, stop-loss at 70,500; for Ethereum, enter longs near 2,000, target 2,080, stop-loss at 1,970.