Juxingci: 2.8 Bitcoin/Ethereum Long and Short Profits, with the Latest Market Analysis

Bitcoin/Ethereum yesterday morning short positions above 2080 and 70800, followed by longs around 68000 and 2000, with overall space still decent. In terms of candlestick patterns, recent candles show significant volatility, with a long lower shadow on February 6th followed by a rebound, indicating strong support below. Currently, the market is in a consolidation phase with alternating small bullish and bearish candles. Technical indicators show DIF and DEA both negative but gradually converging, with the histogram changing from green to red, indicating weakening bearish momentum.

Price movement is in a weak recovery phase after a deep correction. On February 6th, it briefly plunged to around 59900 and 1740, then rebounded and returned to sideways trading. The 4-hour chart shows a gradual downtrend with a weak decline, with resistance of the downward trendline and midline moving down to around 72000 and 2150. The 1-hour moving averages are diverging bearish, indicating a clearer short-term downtrend.

Trading suggestion: Short near 69500 to 70000 for Bitcoin, targeting around 67000 to 68000; short near 2090 to 2110 for Ethereum, targeting around 2030, with a stop at 71500 and 2150.

Daily analysis and strategy have a high success rate, all can be seen. Analysis and strategies are for reference only, please bear the risks yourself. The article's review and publication are not real-time; please refer to live data!#当前行情抄底还是观望？ #Gate1月透明度报告 #加密市场回调