Trader Gu Jingci: On November 16, Bitcoin and Ethereum went long before going short successfully, along with a market analysis from the early morning.

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Please follow Weibo analyst Gu Jingci, focusing on mainstream coin guidance and layout. After Bitcoin/Ethereum fell sharply last night to 63000 and 1750, the morning saw long positions at 1720 and 62500, and in the afternoon and evening, two successful high-risk short positions led to a decline. The overall trend of the market appears weak, still in a downward trajectory, with further potential for decline. Pay attention to the short-term support levels around 63000 and 1730.

Early morning operation suggestion: Continue shorting Bitcoin near 65000-65500, with a target near 63500; continue shorting Ethereum near 1815-1830, with a target near 1760.

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