Bitcoin🫓 after experiencing a deep correction at the end of January, the daily chart shows a clear bearish alignment, currently in a consolidation and pullback phase. Ethereum on the daily chart has broken below the previous symmetrical triangle pattern, establishing a weak structure. Both cryptocurrencies are hovering near key support levels for consolidation. $BTC Bitcoin🫓BTC is expected to fluctuate and consolidate in the short term within the 76,500-79,500 range. If it holds above the 75,800 support, there is still a possibility of testing 82,000 upward; if it breaks below, watch for a move toward 74,600, and pay attention to ⚠️ daily candles showing a pullback and bearish lines, to see if a "double bottom" or "head and shoulders" pattern forms. $ETH Ethereum🫓ETH is weak in the short term, with focus on the 2,210-2,350 range. Watch for ⚠️ daily candles closing lower consecutively, and MACD potentially crossing bearish.
The market is difficult to form a clear expectation. BTC and ETH will continue to fluctuate within their respective ranges, requiring a "buy low, sell high" strategy, shortening trading cycles, and avoiding slippage risks caused by low liquidity. Caution is advised in operations, mainly observing and waiting for market stabilization signals before making strategic moves. #加密市场观察 For real-time market data and precise entry points, please refer to Ziqing's live trading signals...
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Tuesday🗓️ "February 3rd"
Bitcoin🫓 after experiencing a deep correction at the end of January, the daily chart shows a clear bearish alignment, currently in a consolidation and pullback phase. Ethereum on the daily chart has broken below the previous symmetrical triangle pattern, establishing a weak structure. Both cryptocurrencies are hovering near key support levels for consolidation.
$BTC
Bitcoin🫓BTC is expected to fluctuate and consolidate in the short term within the 76,500-79,500 range. If it holds above the 75,800 support, there is still a possibility of testing 82,000 upward; if it breaks below, watch for a move toward 74,600, and pay attention to ⚠️ daily candles showing a pullback and bearish lines, to see if a "double bottom" or "head and shoulders" pattern forms.
$ETH
Ethereum🫓ETH is weak in the short term, with focus on the 2,210-2,350 range. Watch for ⚠️ daily candles closing lower consecutively, and MACD potentially crossing bearish.
The market is difficult to form a clear expectation. BTC and ETH will continue to fluctuate within their respective ranges, requiring a "buy low, sell high" strategy, shortening trading cycles, and avoiding slippage risks caused by low liquidity. Caution is advised in operations, mainly observing and waiting for market stabilization signals before making strategic moves.
#加密市场观察
For real-time market data and precise entry points, please refer to Ziqing's live trading signals...