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Follow the public account Gu Jingci 88, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum have repeatedly tested lower levels from last night to early morning, with an overall weak trend. The current larger trend remains bearish, but there is a short-term need for a rebound and correction. The long positions we laid out multiple times earlier clearly show space for increases. During last night's pullback, we first laid out a pullback long position, which then rose to around 2447 and 77300, before quickly dropping again, reaching a low near 74900 and 2355. Ethereum is only one threshold away from the important previous box support at 2350. We will continue to focus on this important support location unchanged. Both the daily and four-hour moving averages are turning downwards, and the upper pressure remains from the moving averages at 78000 and 2480 to 2500. For today, we expect a rebound correction first, then continue to look bearish after the rebound.
Trading advice: Buy Bitcoin directly at the current price of 75800, stop loss at 74800, target around 77500; buy Ethereum directly at the current price of 2395, target around 2460, stop loss at 2350. Short positions can be entered near 2480 to 2500 and 77500 to 78000, looking for a high to drop back down.
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