The short positions in Bitcoin/Ethereum, initiated last night around 73000-73500 and 2140-2160, saw a surge to around 74000 and 2199 in the early morning before retreating. The four-hour chart shows a sharp drop, breaking the recent four-hour low and closing with a large bearish candle. The short-term trend remains corrective, with further downside potential. Short-term targets are 70000-71000 and 2040-2070. A break below these levels would target 69000 and 1980.
Gu Jingci: Bitcoin/Ethereum's rally and subsequent pullback suggests further downside potential.
2026-03-05 00:12:54
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