Gu Jingci: Bitcoin/Ethereum short positions fell as expected at 4.8, and will continue to surge and retrace overnight.

Yesterday early morning, short entries were suggested above 69700 for Bitcoin and 2150 for Ethereum. After a rally in the evening, current prices around 69200 and 2130 prompted another short entry. Friends who followed the two short positions have gained over 3000 points and 130 points of profit. Currently, the market is showing a rebound but with limited strength. On the 4-hour and 8-hour charts, there is still room for further decline, and the market has not truly stabilized. Just now, it was clearly mentioned that around 68300 to 68600 and 2090, short positions can still be taken, as during the early dip, the lowest was around 68200 and 2090. After breaking the low point, if the rebound fails to hold, further decline is expected. The retracement space on daily, 4-hour, and 8-hour charts still exists, so focus on trend waves and capturing good profit margins.

Overnight, continue to short, referencing Bitcoin shorts around 68300 to 68600, with targets near 66600 to 67000; Ethereum shorts around 2085 to 2100, with targets near 2000 to 2030.

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