Gu Jingci: Bitcoin/Ethereum rebound and pullback trend still has further downside potential

Last night, the short positions around 73,000 to 73,500 and 2,140 to 2,160 were set up. The price surged to around 74,000 and 2,199 before starting to pull back in the early morning. The four-hour chart showed a rebound followed by a decline, breaking recent four-hour lows and forming a large bearish candle. In the short term, the market is still in a correction phase, with further pullback and decline space. Short-term targets are around 70,000 to 71,000 and 2,040 to 2,070. If these levels are broken, continue to watch 69,000 and the 1,980 level.