Afternoon Trading Suggestions and Future Trend Analysis for DaBingYiTaiFang: 2/4 The current market is in a typical range-bound pattern, with prices fluctuating between support and resistance levels of 74500 and 76952.5. From a technical perspective, although the candlestick pattern shows a bullish engulfing signal, suggesting a possible market reversal, the extremely low trading volume weakens the reliability of this signal, indicating a lack of sufficient momentum to support an upward move. Furthermore, the intertwined moving averages further confirm the current market's range-bound characteristics. Given the current range-bound state, with prices fluctuating between support and resistance levels of 74500 and 76952.5, and extremely low trading volume indicating insufficient market momentum, shorting near the strong resistance area of 76952.5 is a high-probability choice in line with the range-bound pattern. Therefore, the recommended strategy for subsequent operations is to primarily short on rallies. For Bitcoin, consider shorting around 76800-77300, with a target of 75000-74500. For Bitcoin, consider shorting around 2290-2320, with a target of 2200-2150.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 2/4
2026-02-04 07:28:57
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