Gu Jingci: Bitcoin/Ethereum Trading Strategy with Market Analysis (February 7th)

Bitcoin/Ethereum prices have recently experienced significant volatility, with a sharp drop on February 5th followed by a rapid rebound on February 6th, but currently consolidating around 70700 and 2070. The daily candlestick chart shows two consecutive days of long lower shadows, indicating strong support below and a potential short-term rebound. On the 4-hour chart, both the DIF and DEA are below the zero line, indicating a clear downtrend, but the histogram is shortening, suggesting weakening bearish momentum and a potential golden cross. The 4-hour moving averages are starting to turn upwards, with short-term support around 1980 and 68000. A period of consolidation is expected during the daytime session; if support holds in the evening, long positions can be considered. Trading suggestions: Bitcoin: Short at 70800-71300, target around 69000; Ethereum: Short at 2080-2100, target around 2020, with further targets at 72000 and 2120. Buy around 68000-68500 and 1980-2000, with targets at 70000 and above 2080, and further down to 67000 and 1940.