Gu Jingci: Bitcoin/Ethereum Morning Trading Strategy with Market Analysis (April 8th)

Bitcoin/Ethereum surged to highs of 72,800 and 2,170 respectively in the early morning due to easing tensions between the US and Iran. The overall upward movement was relatively large, and our short positions entered in the early morning were forced to exit after breaking the recent daily high. Currently, the market is rising due to news, but it's approaching the retracement levels around 73,500 and 2280 after breaking through 76,000 and 2385. This level is no longer suitable for further long positions. The news will likely cause a pullback, and the overall trend remains bearish. A true bullish trend won't arrive so quickly. Short positions can be entered directly on the current rally, paying attention to resistance levels above. Trading suggestions: Bitcoin: Enter short positions around 72,300-72,800, with targets around 70,000-71,000; Ethereum: Enter short positions around 2250-2270, with targets around 2150-2180, and if it breaks down, continue to target 68,000 and 2100. We're here every day, not to prove our win rate, but simply to let you know that our team is always there, monitoring the market around the clock—professional and reliable. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.