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You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has repeatedly reminded to go long near 1600 and 1650 in the early stage. In the process of the recent market rise, there have also been multiple reminders to enter short positions, and the market has surged and then retreated, with the overall range visible. Currently, the market is rapidly dipping with a weak overall trend. We need to pay attention to whether a short-term support can be formed at 62000 and 1680 during the early morning. On the 4-hour chart, recent K-lines have consecutively closed in the red, indicating that the bearish forces dominate, and the selling pressure continues to push prices down in the short term.

On the daily chart, after a volume increase, three consecutive red candles have retraced most of the gains, indicating that the upward momentum has exhausted, and the market has shifted to a downward trend. In terms of technical indicators, the DIF line on the 4-hour chart has crossed below the DEA line forming a death cross, and the MACD histogram continues to diverge downward below the zero axis, showing strong bearish momentum and a clear downward trend. However, during the market decline, it has also approached the previous starting points at 1670 and above 62000, so we need to focus on the breaking situation at this location. If the support holds, there will be another wave of rebound and rise.

Operating suggestions for the early morning: Bitcoin enter long near 62300 to 62600, target around 64000; Ethereum enter long near 1680 to 1690, target around 1760, grandson 61000 and 1650.

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