February 2 Cryptocurrency Market Analysis & Strategy
• BTC 🪙: Current price approximately 76,900 USD, in a low-volatility consolidation phase after a deep pullback. 76,500 is the key support level today; holding above it offers a rebound opportunity, while breaking below suggests further weakness.
• ETH ⚡️ (Two Coins): Current price approximately 2,280 USD, moving in tandem with BTC's weak consolidation. 2,260 is the short-term support level, and 2,330 is the resistance level. Currently adopting a sideways trading approach.
🎯 Bitcoin Strategy: Buy in batches at 76,500-77,000, targeting 78,000-78,500, with a stop loss at 76,200 (if it effectively breaks below 76,500, switch to short).
🎯 Two Coins Strategy: Light long positions at 2,260-2,290, targeting 2,330-2,360, with a stop loss at 2,240 (if it breaks below 2,260, switch to short).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
February 2 Cryptocurrency Market Analysis & Strategy
• BTC 🪙: Current price approximately 76,900 USD, in a low-volatility consolidation phase after a deep pullback. 76,500 is the key support level today; holding above it offers a rebound opportunity, while breaking below suggests further weakness.
• ETH ⚡️ (Two Coins): Current price approximately 2,280 USD, moving in tandem with BTC's weak consolidation. 2,260 is the short-term support level, and 2,330 is the resistance level. Currently adopting a sideways trading approach.
🎯 Bitcoin Strategy: Buy in batches at 76,500-77,000, targeting 78,000-78,500, with a stop loss at 76,200 (if it effectively breaks below 76,500, switch to short).
🎯 Two Coins Strategy: Light long positions at 2,260-2,290, targeting 2,330-2,360, with a stop loss at 2,240 (if it breaks below 2,260, switch to short).