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Follow Weibo analyst Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum evening layout for long positions around 72500 and 2000. During the market decline, Bitcoin’s nephew at 71800 and Ethereum was close to letting go of its nephew; currently, it is still near the average price. The rapid decline of Bitcoin and the lack of follow-up from Ethereum and altcoins is a good thing, and there is a certain degree of stabilization in the short term, combined with the daily level’s continuous decline. The current trend maintains a bearish pattern, and until Bitcoin recovers 74000, we will not discuss a reversal. The short-term decline is relatively fast, and there is a possibility of a rebound repair after being oversold, so we will first look for a wave of rebound in the short term.
Early morning operation suggestion: continue to go long near Bitcoin 71300, with a target around 73000, and nephew at 70500; for Ethereum, continue to go long near 2000, with a target of 2080, and nephew at 1970.
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