Analyzed this morning: After 8 PM yesterday, Bitcoin's price gradually declined from 72940, and by 4 AM on the 19th, the price stabilized around 71045 and continued running stably. At noon, the price was around 70640, and now it's hovering near the 70360 level.

This wave of Bitcoin's decline has roughly similar magnitude, but the short-term cycle hasn't yet shown a bottom structure. Although the short-term trend is currently bearish, the downside space is very limited. This morning's anticipated magnitude was around the 70400 level, and short-term may see further downside exploration, though specific magnitude is unpredictable. Despite the sharp decline that has caused many to lose confidence, I believe this is precisely an excellent medium-term positioning opportunity with exceptional cost performance. Afternoon operations will follow bullish positions.

Bitcoin: Long around 70000, target 71000~71500
Ethereum: Long around 2140, target 2210~2230#eth #btc

This analysis is for reference only. Profits and losses are at your own risk. Investment carries risk, so trade cautiously!