Gu Jingci: 6.1 Bitcoin/Ethereum Retracement Longs Multiple Entries with Latest Market Analysis

Since the previous dip to lows of 72,400 and 1,965 for Bitcoin/Ethereum, there have been multiple retracement long entries around 1970, 1980, 2000, and near 73,000. The market has repeatedly dipped and then rebounded sharply, with several rallies reaching 2040 and around 74,300. The overall space is visible, with each move offering over 130 points of potential. The oscillating market also provides good space for gains. Currently, the market remains in a narrow range of fluctuation, which is typical after a rapid decline, representing moving average recovery. As long as it doesn't break lower support levels and the moving averages recover to form support, it is favorable for stabilization and rebound.

Trading Suggestions: Enter long positions around 73,000 to 73,500 for Bitcoin, targeting 74,500 to 75,500; for Ethereum, enter long around 1,990 to 2,000, targeting 2,050 to 2,100, with stop-loss at 72,400 and 1,960 respectively.

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