Gu Jingci: Bitcoin/Ethereum short positions fell as expected again, with potential for further decline in the evening

Bitcoin/Ethereum opened short positions at 72,500 and 2,250 last night, retracing to around 70,500 and 2,150. Subsequently, additional short positions were entered this morning around 71,500 and 2,220. The market surged and pulled back, with the lowest reaching around 69,400 and 2,140. Overall the trading range remains quite favorable, with the overall trend relatively weak and weak rebound strength. After the upper resistance was broken through, a top-to-bottom conversion formed under pressure. Further downside space may emerge in the evening and early morning hours, with attention on the 68,000 and 2,100 support levels below.
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