Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (March 13)

Bitcoin/Ethereum traded short at 2140 and 71800 in the morning, then retraced to around 2090 and 70900. Those who didn't exit in time may now be trapped or even stopped out. Currently, the price has surged to around 73850 and 2209, just a step away from the previous daily high of 74000. Ethereum is near its previous high, and the current retracement is relatively small, indicating a strong overall trend. However, even if it breaks through the previous high again, it won't go far and will likely retrace to confirm support. Evening trading suggestions: Short Bitcoin at the current price of 73800, with a target of around 71000 to 72000; Short Ethereum at the current price of 2205, with targets around 2080 to 2130, and further downside targets at 75000 and 2250.