Bitcoin/Ethereum saw another round of long positions initiated during last night's rally, pushing prices up to around 2395 and 79300 in the early morning, securing over 110 and 1700 points respectively. Currently, the price has pulled back from its highs, finding support near the 4-hour moving average. The previous sharp daily decline was followed by a rebound, with highs and lows constantly shifting, indicating a potential trend reversal. Both Bitcoin and Ethereum exhibit a pattern of initial decline followed by a rebound and then consolidation, suggesting an overall recovery and bottoming phase. The 4-hour RSI has rebounded from oversold territory, and the MACD shows signs of a low-level golden cross, indicating a temporary slowdown in short-term downward momentum. Pullbacks can be used to continue buying. Trading recommendations: Bitcoin: Buy around 77800, add to positions at 77000, target 79500 to 81000; Ethereum: Buy around 2290, add to positions at 2250, target 2360 to 2400. Medium- to long-term targets remain unchanged at 84000 and 2700.
Gu Jingci: Bitcoin/Ethereum long positions successfully rallied on February 3rd; consider entering long positions on pullbacks after a bottoming out.
2026-02-03 03:29:24
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