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Gu Jingci: Bitcoin/Ethereum's continued fluctuations on February 10th may solidify the bottom support.

2026-02-10 03:49:58
Shareshare
Bitcoin/Ethereum has been consolidating sideways for the past few days, with both highs and lows testing higher levels. Since bottoming out at 59900 and 1740, the pullback after the initial rise has been relatively weak, repeatedly indicating that the recent sharp decline may be nearing its end. The 4-hour and 8-hour Bollinger Bands are also narrowing significantly, awaiting a daily-level correction. The moving averages below are moving upwards, and support levels are rising; watch the key support levels at 67000 and 1950. On the daily chart, the previous day's rebound failed to hold above the 7-day moving average, resulting in an upper shadow. The Bollinger Bands are trending downwards, and short-term moving averages are arranged downwards. The MACD lines are extending downwards with decreasing volume, while the KDJ is crossing upwards, and the VR indicator is consolidating around 60. The 4-hour chart shows that after consolidating at higher levels, the price broke below the middle Bollinger Band and short-term moving averages. The Bollinger Bands are narrowing, the MACD lines are showing signs of turning downwards with decreasing volume, the KDJ is crossing downwards, and the VR indicator is consolidating around 80. A short-term technical correction is underway. A true upward move will begin once the price effectively breaks through and holds above 72,000 and 2150. Trading suggestions: Bitcoin: Buy around 68,500-69,000, with targets around 70,500-71,500; Ethereum: Buy around 2030-2050, with targets around 2120-2150, and further targets around 67,500 and 1970. 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.
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