mt logoMyToken
ETH Gas
EN

Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 2.3

2026-02-03 07:44:00
Shareshare
After Bitcoin's initial sharp drop, the daily chart for the past two days shows long lower shadows and a rebounding bullish candle, indicating some buying support at lower levels. However, the overall market remains weak. The 4-hour MACD histogram has shifted from negative to positive, with the DIF and DEA nearing a golden cross, suggesting short-term rebound momentum. However, strong resistance from moving averages exists, and the RSI has not yet entered oversold territory, indicating weak but not extreme market sentiment. For tonight's trading, it is recommended to enter at higher levels, such as around 79200-79800 for Bitcoin, with a target of around 77000; and around 2350-2380 for Ethereum, with a target of around 2260. Market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact