Gu Jingci: 3.20 Bitcoin/Ethereum Operation Strategy with Market Analysis

Bitcoin/Ethereum yesterday and the day before had multiple publicly disclosed strategies with timely bottle reminders for short positions, focusing on the 68000 and 2100 line, with lows reaching around 68800 and 2095 nearby. The overall short positions met expectations, with visible profit space. Currently, the market has come to key support levels and begun to rebound. Combined with the previous box structure, the low points from 1900, 1940, 2000, 2050 to the current 2100 nearby are continuously rising, with the same logic applying to BTC. The major trend has not broken the support level. When the box structure truly breaks, there will be another wave of significant waterfall decline. Currently without a break, we have not seen this yet.

Currently the hourly and four-hourly charts have all begun to unfold rebound rallies, with short-term market bias towards oscillating upward rebound momentum. Watch for resistance around 72000 and 2230-2250 nearby on the upside, with support reference at yesternight's low point line on the downside.

Operation Suggestions: Bitcoin around 70000-70500 for long positions, target 72000-72500 nearby; Ethereum around 2120-2140 for long positions, target 2200-2230 nearby.

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