Friday Morning | Tang Long's Trading Strategy

Today starts off well: the vernal equinox has arrived, and the dragon raises its head, hoping everyone can seize good fortune.

First, let's talk about the market — Bitcoin tested the bottom early this morning and had a rebound, supported around 69000, rebounding to 70600 before facing pressure, currently oscillating around 70000.

ETH shows a similar trend, encountering resistance around 2150 after rebounding, overall still showing weakness.

From a structural perspective: At the 1-hour level, it's just a weak rebound repair, not strong enough;

At the 4-hour level, the downward trend remains unchanged, overall still showing weak oscillation, with the possibility of further declines ahead.

Trading Strategy:

BTC: Look for short opportunities in the range of 70500—71000, initially targeting a drop below 69200—67900, continuing to 66000.

ETH: Short in the range of 2160—2200, with targets looking at 2110—2070, continuing to 1900 if broken.

In simple terms: the rebound is just an opportunity for shorts.

Remember to control your position size, don’t get too excited, just follow the trend.

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