Bitcoin and Ethereum Brief Views: (0319)

Previous Review: First, congratulations to friends who caught this short opportunity on ETH and BTC. ETH shorted at 2370, currently dropped to a low of 2150, with a 220-point decline, and the expected minimum 200 USD profit successfully realized.

Internal members synchronized short positions on ETH 2370-2360-2340, and BTC shorts on 75600 and 74500.

Yesterday's short-term long at 73100 was stopped out, and the long near 71800 was closed at a loss including fees early this morning.

Now focusing on key points only!

First, on a slightly larger timeframe:

Bitcoin: This round did not surge to 78800 as expected and then decline. It turned down directly at 76000. I personally believe this is not a major top; the probability of wide-range consolidation is higher next.

The first key support level for this decline is the 68200-68400 region, followed by 67666 and 65888. Therefore, extreme consideration for high-position shorts to take full profits at 68000.

Ethereum: Pay attention to the 2020-2010 region below, a double bottom. Extreme level 1920-1930.

In summary, Bitcoin trend strategy: go long at 67666 and 66000 in two parts, target minimum 5000, with probability of refreshing highs (conservative traders enter again at 66000).

Ethereum: long at 2018, target 200 points.

For intraday short-term: simply go long near 68800 first touch, target near 70500; aggressively short directly above 72000, conservatively wait for short near 73100, both targets near 70500.

ETH short at 2220, add once at 2260, target 2170-2150.

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