Yifan's March 25th Early Morning Analysis

Bitcoin (BTC) surged to 71,377 intraday before facing selling pressure and declining. Bears broke through support levels during the evening session, with lows testing around 69,281. Ethereum (ETH) weakened in sync with relatively moderate losses. We deployed a high-short strategy ahead of time and successfully cashed out both coins with precise timing control.

From a technical perspective, the daily chart has broken below the Bollinger Band middle line and pierced the 70,000 round level, with a clear short-term downtrend. The 4-hour chart has formed a double top structure, with consecutive upper wicks and three consecutive bearish candles, indicating a bearish technical setup. News-driven impacts are only short-term disturbances; the market will ultimately return to technical trends. Yifan maintains an unchanged high-short outlook going forward.

In terms of operations, Yifan suggests entering short positions on Bitcoin rebounds near the 70,800-71,600 range, with initial targets at 69,300-67,800. If that level breaks, continue viewing lower to 65,800. For Ethereum, enter short positions on rebounds near the 2,160-2,200 range, with targets at 2,100-2,010.

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