Last night’s analysis indicated that the current market is very close to the resistance level. Therefore, the subsequent recommendation is to go short at high levels. Trading idea: short Bitcoin at 68,500-69,000, target 67,500-66,000; short Ethereum at 2,070-2,090, target 2,000-1,950. After a day of market movement, the price finally reached the target levels—Bitcoin moved 2,500 points, Ethereum 120 points. All safe short positions have been fully closed for profit! Aggressive traders can hold a small core position to try and test the bottom of the range—Bitcoin at 63,000, Ethereum at 1,800!

The daily chart shows that Bitcoin has dipped below the 60,000 level and entered a consolidation and correction phase. The market is generally trading within the 71,000-63,000 range, forming a new structural pattern. After a secondary double bottom the day before yesterday, support remains effective, and a rebound has occurred. Currently, it is trading below 70,000, with resistance at 70,000-71,000 and support at 68,000-66,000-63,000. Ethereum's daily chart trend is synchronized with Bitcoin, having entered a consolidation phase after dropping near 1,700, forming a new similar structure between 2,150-1,800. A secondary dip has led to a rebound. Currently, resistance is at 2,100-2,150-2,230, with support at 2,000-1,900-1,800.

On the 4-hour chart, Bitcoin and Ethereum's oversold correction and recovery ranges are clearer. Bitcoin ranges from 71,500-62,500, and Ethereum from 2,150-1,800. The market has experienced a second test of support after a dip, and is very close to resistance levels. Therefore, the subsequent strategy is to short at high levels, and wait for a breakout of the range before entering further positions!

Trading ideas:

Short Bitcoin at 68,500-69,000, targeting 67,500-66,000, with a stop-loss above 70,000;

Short Ethereum at 2,070-2,090, targeting 2,000-1,950, with a stop-loss above 2,150;

Strategies are time-sensitive; specific guidance will be provided privately in real-time!