Gu Jingci: Short positions in Bitcoin/Ethereum from March 6th continue to hold; bearish outlook on any rebound.

Since the surge in Bitcoin/Ethereum prices the night before last, short positions have been consistently opened above 73000 and 2160, with the price repeatedly testing lower levels. Short positions opened again last night at 71500 and 2090 have also retreated to the 2055 and 70300 levels respectively, showing decent overall movement. Currently, the price has rebounded somewhat, but the strength is weak, and the short-term trend remains weak. The previous rebound was driven by news and not a reversal; the key factor is the specific news from tomorrow's White House summit. On the 4-hour chart, recent candlesticks show upper shadows after a significant drop, indicating selling pressure above. On the daily chart, a large bullish candle with a long upper shadow appeared the day before yesterday, followed by a large bearish candle with a long lower shadow yesterday, creating violent fluctuations and indicating significant divergence between bulls and bears, with an unclear short-term direction, although bulls are still providing resistance below. Technically, the DIF line has crossed below the DEA line, forming a death cross, and the MACD histogram has turned negative and continues to expand, indicating that short-term momentum has shifted downwards, placing the price in a downtrend. Trading suggestions: Continue shorting Bitcoin around 71200-71600, with a target of 69000-70000; continue shorting Ethereum around 2085-2100, with a target of 1980-2020. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.