Gu Jingci: Profit-taking opportunities for both long and short positions in Bitcoin/Ethereum on February 8th, with the latest market analysis.

Bitcoin/Ethereum traded short positions above 2080 and 70800 in the early morning yesterday, followed by long positions at 68000 and 2000, with a decent overall range. The recent candlestick pattern shows significant volatility. A long lower shadow appeared on February 6th before a rebound, indicating strong support below. Currently, the market is consolidating in a pattern of alternating small gains and losses. Technically, both DIF and DEA are negative but gradually converging, and the histogram is turning from green to red, indicating weakening bearish momentum. Price action shows a weak recovery phase after a deep correction. On February 6th, there was a flash crash to around 59900 and 1740 before a rebound and a return to consolidation. The 4-hour chart shows a stepped downward trend, with the downtrend line and the middle Bollinger Band resistance moving down to around 72000 and 2150 respectively. The 1-hour chart shows a bearish divergence in moving averages, indicating a clear short-term downtrend. Trading suggestions: Short Bitcoin around 69,500-70,000, with a target of 67,000-68,000; Short Ethereum around 2090-2110, with a target of around 2030, and further targets at 71,500 and 2150. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.