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.

As mentioned yesterday, stabilization only follows acceleration, and the market did indeed experience one last surge, albeit with greater force than expected, pushing Ethereum directly to around 1740. After bottoming out on the 4-hour chart, a series of positive candles broke through the MA7 and tested the middle Bollinger Band. A short-term buy order was placed early in the morning, with support around 1890. Gege (2.7) placed a long order on Ethereum early in the morning at 1920, with a stop-loss at 1885 and a target of 2080. This is just my personal opinion and for reference only.

Bitcoin/Ethereum has recently experienced a sharp and continuous decline, breaking through a series of important support levels. Subsequently, it rebounded from lows of 59900 and 1740 in the early morning, with a relatively large upward movement. Such rapid rebounds after sharp drops are typically followed by consolidation. After this consolidation, if the recent lows are not broken, the upward trend is likely to continue. Looking at the daily chart, the previous day's large bearish candle accelerated the bottoming process, and the market continued to test lower levels after the opening today, briefly breaking below 60000 and around 1750 before rebounding. Currently, it is trading below the lower Bollinger Band, which remains wide open, with short-term moving averages trending downwards. The MACD lines are extending downwards, and the volume bars are increasing again. The KDJ indicator found support near the zero line and turned upwards, while the VR indicator is consolidating around 60. The 4-hour chart shows a slow and continuous decline followed by a slight rebound to test the 7-day moving average. The Bollinger Bands are trending downwards, the MACD lines are showing signs of turning upwards, the volume bars are decreasing, the KDJ indicator is crossing upwards, and the VR indicator is consolidating around 40. The market won't surge immediately; there will be a pullback to see if the support levels at 64000 and 1850 hold. Evening trading suggestions: Short at the current price of 68300 and 1980, with targets around 66500-67000 and 1900-1920; then go long around 1880-1900 and 65500-66000 in the early morning, with targets around 2000 and 68500.

Bitcoin's daily chart shows a large bearish candlestick indicating accelerated bottoming. After opening today, it continued testing the 60,000 level again before rebounding. Currently, it's trading below the lower Bollinger Band, which remains wide. Short-term moving averages are trending downwards, the MACD lines are extending downwards with increasing volume, the KDJ is finding support near 0 and turning upwards, and the VR indicator is consolidating around 60. On the 4-hour chart, the price failed to break through the 7-day moving average, resulting in a slow decline. Currently, it's experiencing a slight rebound and is testing the 7-day moving average again. The Bollinger Bands are trending downwards, short-term moving averages continue to extend downwards, the MACD lines are showing signs of turning downwards with decreasing volume, the KDJ is crossing upwards, and the VR indicator is consolidating around 40. Overall, this market has been a continuous, slow decline. As mentioned yesterday, this kind of market is quite troublesome; only those with the courage to short can profit, as rebounds rarely provide good entry points. After this accelerated decline, the bulls have largely liquidated their positions, and a rebound is needed for correction. The market also needs a boost. My current view is that long positions are possible, provided risk management is in place. Pay attention to the support level around 62,000, and then around 58,000. See short-term suggestions. Bitcoin short-term suggestion: Buy at 62,800 (or 58,800), target 68,000-70,000 (manage profits as needed after strategy activation). Ethereum's technical analysis is correlated with Bitcoin's; there's not much else to say. The main strategy going forward is to buy on pullbacks, watching for a rebound after a deep pullback. Even so, manage risk carefully, as further declines cannot be ruled out. See short-term suggestions. Ethereum short-term suggestion: Buy at 1830 (or 1588), target 2100-2180 (click the image to see the homepage introduction for more coin analysis). ——I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!

Analyst Chen Shu: Bitcoin and Ethereum's downtrend continues; watch for major support at 55,000. Looking at the daily chart for Bitcoin, yesterday's price fell sharply again, breaking through the 60,000 support level. On the weekly chart, it has closed with three consecutive large bearish candles. The major support level to watch is the 256-day moving average (MA256) around 5.55. If the downtrend continues, it may test this support level. Long positions are advised to be cautious until a significant rebound occurs. The recommended strategy is to continue selling on rallies. Looking at the daily chart for Ethereum, the rebound from the low of 1730 was weak, and the overall trend remains bearish. On the weekly chart, it broke below the 256-day moving average (MA256) and has not seen a significant rebound or signs of stopping the decline in the past week. It is estimated that the short-term decline will continue. The key support level to watch is the previous low of 1400. If Bitcoin retraces to the 5.55 low, Ethereum will likely test the 1400 level. Midday Trading Strategy (Written at 11:30 AM): BTC: Short at 6.85, add to short position on a rebound to 6.95, target 6.6/6.5; Long positions considered at 5.5 or if a sustained rebound occurs. ETH: Short at 2000, add to short position on a rebound to 2060, target 1900/1800; Long positions considered at 1400 or if a sustained rebound occurs following Bitcoin. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.

Yesterday's analysis indicated that the current decline has exceeded expectations. Ethereum failed to hold the 2200 support level, and the next target for Ethereum was 1500-1380. A further break below this level would target 878. For Bitcoin, the question was whether it could hold 70000, and a further break below this level would target 58000-56000. As of now, the lowest price reached is 59800, and Ethereum is at 1740, not far from the projected targets. Currently, there is a rebound. Bitcoin is at 66500, and Ethereum below 2000 can be shorted at any point, with targets of 58000-56000 and 1500-1380. A break above these levels would trigger a stop-loss order! These strategies are time-sensitive; please refer to the information on the homepage for specific, real-time guidance.

The market continues its downward trend, with Ethereum breaking below 2000 and hitting a new low. The rebound is completely weak, and this slow, gradual decline is very dangerous – like a frog being slowly boiled in water. Technically, there's a high probability of further acceleration in this trend. Only after the final wave of this accelerated decline will it gradually stabilize. Early morning, I placed a buy order around 1800, considering the support level. On February 6th, I placed a buy order for Ethereum around 1830, with a stop-loss at 1800 and a target of 1980. This is just my personal opinion and for reference only.

Over the past few days, we've consistently positioned ourselves with a strategy of entering at high levels. Those who followed this strategy have likely reaped significant profits. This afternoon, Bitcoin and Ethereum surged to around 72,000 and 2140, respectively, before the market trended downwards, reaching lows of around 69,200 and 2040. The high-level entry strategy has been successfully validated. Bitcoin and Ethereum have once again exceeded expectations, reaching target levels with a potential gain of 2800 and 100 points. The timestamps and entry points from previous posts can be found here. Those who followed this strategy have once again taken off. However, market conditions are volatile, so those who entered should primarily rely on real-time guidance.

Ethereum short positions were again precisely timed for the evening, with the 2150-2130 range perfectly reaching the take-profit target of 2040. Nearly 100 points of profit were successfully secured. The 4-hour chart shows a descending flag pattern, with the price consistently trading below the moving average system. The EMA20 ($2657) provides strong resistance. The Supertrend indicator continues its bearish signal, showing strong correlation with Bitcoin and weakening in tandem. The RSI at 23.12 (oversold) suggests that short-term downward momentum may be waning, but the overall trend remains unchanged; oversold conditions may persist, but this is not a reversal signal. The MACD is running at low levels without a clear bullish divergence, indicating that bearish momentum still dominates. A rebound requires confirmation with increased volume and indicator resonance. The KDJ shows signs of a golden cross at low levels, but has not formed a valid breakout; the rebound signal is fragile and requires price action to stabilize above the resistance level. The Bollinger Bands are narrowing near the lower band, suggesting potential increased volatility; a break below $2079 could accelerate the decline. Key Price Levels: Support: $2070 (intraday low), $2050 (strong support), $2000 (psychological and technical confluence level). Resistance: $2130-$2170 (Bollinger Band Middle Line + MA30) Trading Strategies and Risk Management Suggestions: Short Strategy (Main Strategy): Consider a small short position in the $2130-$2170 range, with a stop loss above $2220 and a target of $2070. If it breaks below $2070, further target is $2000. Risk per position should be controlled at 1%-2%. Long Position (Secondary Strategy): Only consider a very small long position if the price stabilizes at $2070 and the 4-hour chart shows a bullish close. Add to the position if it retraces to $2050 and a bullish divergence appears. Total position should not exceed 2%. Stop loss immediately if the price breaks below $2050. These strategies are time-sensitive; implementation will primarily rely on free guidance.

Ethereum is clearly in a downtrend on the 4-hour chart, with the price around $2125, a 24-hour drop of about 6.5%, fluctuating between $2075 and $2296. Trading volume is high, rebounds are weak, and the market is dominated by sellers. The 4-hour chart shows a standard descending flag pattern, with lower highs and lower lows. The moving average system is bearish, and the price continues to trade below the moving averages. Each rebound is met with resistance from the moving averages, indicating a typical weak structure. The RSI indicator has entered oversold territory, but lacks significant volume support, suggesting a continuation pattern rather than a reversal signal, with bearish momentum still being released. Moving average system: On the 4-hour chart, the MA5, MA10, and MA20 moving averages are all diverging downwards, and the price is far from the moving averages, indicating strong bearish pressure. Trading volume: High trading volume during the decline, but insufficient volume during rebounds, indicates heavy selling pressure and weak buying support. Bollinger Bands: The price is near the lower Bollinger Band, and the widening bands indicate increased market volatility and further downside potential in the short term. Support Levels: First support level: 2070-2100 (intraday low area, key battleground between bulls and bears in the near term) Second support level: 2000-2050 (strong support, psychological level + important technical level on the weekly chart) Resistance Levels: First resistance level: 2200-2220 (bottom of the previous consolidation range, primary resistance for any rebound) Second resistance level: 2250-2280 (a watershed for a potential trend reversal; a break and hold above this range is necessary for a potential trend reversal) Ethereum Trading Recommendations: Short Strategy: Consider shorting at 2130-2150, with targets at 2100-2070-2040 USD. Hold short positions if the price breaks below 2000. This strategy is time-sensitive; implementation will primarily rely on free guidance!

Ethereum's technical analysis is aligned with Bitcoin's, maintaining a consistent strategy. Key resistance levels are the 7-period moving average on the 4-hour chart and the middle Bollinger Band. On the downside, expect a false break below 2000 followed by a rebound. This week's important data release, the non-farm payrolls report originally scheduled for Friday, has been postponed due to another shutdown. Continued outflows from ETFs and suspicions of renewed institutional selling have increased market uncertainty, potentially leading to another accelerated bottoming-out. For intraday trading, it's advisable to follow the above strategy and avoid impulsive actions. While higher volatility often leads to higher profits, the risks are equally significant. Here are some short-term suggestions for Ethereum: Short at 2180 (or 2250), Long at 1988 (take profits as needed after strategy activation). For more cryptocurrency analysis, click the image to see the homepage introduction. —I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!

Bitcoin's daily chart shows another bearish candlestick, with the price opening lower and testing the 70,000 level. The Bollinger Bands continue to widen, short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with increasing volume, the KDJ is trending downwards again, and the VR indicator is consolidating around 70. Looking at the 4-hour chart, the price was resisted by the 7-day moving average yesterday, testing downwards with consecutive bearish candlesticks and breaking below the lower band. It is currently trading below this level. The Bollinger Bands are trending downwards and widening again, short-term moving averages are extending downwards, the MACD fast and slow lines have crossed downwards with increasing volume, the KDJ is finding support near 0 and shows signs of turning upwards, and the VR indicator is consolidating around 60. Overall, the market rebound is limited, with a continued slow decline and constant new lows (as expected above). If the short-term rebound fails to break through and stabilize above the 7-day moving average on the 4-hour chart, an accelerated decline is likely after the slow fall. Therefore, it's best to observe more and act less at present. Waiting for a rebound to short is risky, as the lack of a rebound and the continuous breaking of lows, while supporting levels are being referenced, increases the difficulty of short-term trading strategies. Adapt to market changes and intervene flexibly. Intraday, watch for a false break below 70,000 followed by a wicked price action. The 7-day moving average on the 4-hour chart is a key resistance level. See short-term suggestions. Bitcoin short-term suggestions: Buy at 68,600, sell at 73,700 (take profits as needed after strategy activation). Written by Zhou Yueying.

Afternoon Trading Suggestions and Future Trend Analysis for Bitcoin and Ether: 2/5 The current market is in a range-bound pattern, with prices fluctuating between 70085.3 (strong support) and 74141.1 (strong resistance). Technically, a bullish engulfing pattern and upward-sloping short-term moving averages are converging, indicating that bulls are attempting to exert pressure. However, trading volume has significantly decreased, and the volume-price divergence suggests insufficient upward momentum, making a breakout of resistance in the short term unlikely. Given the market's range-bound state and the strong support level of 70085.3, historically, this area has strong buying support. Therefore, buying on dips near the support level is a prudent strategy consistent with the current market characteristics. Subsequent trading suggestions should focus on buying on dips. For Bitcoin, consider a small long position around 70000-70500, with a target of 72000-72500. For Bitcoin 2, consider a small long position around 2080-2100, with a target of 2150-2200.

The overall potential for high-level entry points in the past few days has been quite good. Bitcoin's daily chart shows a continuous price decline with each candlestick having a long upper shadow, indicating heavy selling pressure. The 4-hour chart shows a slight rebound after the sharp drop, but the price remains within a downward channel. Currently, a bullish candlestick has formed, but its strength is limited. Both the daily and 4-hour MACD are below the zero line, and the bearish momentum bars are expanding, indicating a weak short-term trend. Tonight, it is recommended to enter at higher levels, targeting Bitcoin around 72000-72500, with a target around 70500; and Ethereum around 2130-2160, with a target around 2060. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.

If you're still confused, worried, or afraid to go long or short on Bitcoin/Ethereum at this level, feel free to refer to my previous analysis. Trading suggestions: Bitcoin: Go long near 70500, target 72000-73000; Ethereum: Go long near 2080, target 2200-2250, continue upward if it breaks through, stop-loss at 69000 and 2000.

The market continues its slow, incremental decline to new lows, a trend that could potentially lead to a sharp drop. Therefore, caution is advised in the short term; observe carefully before taking action. Another US government shutdown could delay the non-farm payroll data release. Institutions are reportedly transferring Bitcoin to exchanges, and further selling cannot be ruled out. While key support levels haven't been completely broken, the rebound is limited, with highs consistently declining. Without a strong bullish candle, a reversal signal is unlikely. Today's altcoin recommendations from Yueying: BNB 650-735, RIB 1.5-1.3, IDA 0.25-0.30, and Sonara 96-85. This is for reference only. For more cryptocurrency analysis, click the image to view the homepage introduction.

As of February 5, 2026, the support level for Ethereum (ETH) below 2100 is in the 2000-2070 USD range (strong short-term support). The total number of tokens is approximately 4.2 million, representing 5.3% of the circulating supply. This area saw concentrated trading after the sharp drop in January-February 2026, with a low of 2163 on February 2nd and a further drop to 2075 on February 5th. The reasons for this are: a psychological psychological level + a weekly technical level + a dense area of contract liquidation, with funds concentrated in the 2000-2050 range, resulting in a convergence of short-term stop-loss orders and bottom-fishing. The key point is that a break below 2070 with high volume could accelerate the decline towards the 2000 psychological level. It's also worth noting that the weekly chart previously showed strong support and rebounds above 2000 and 2050, and the price is currently approaching this level; pay attention to whether the 2000 level is broken. The support level for Bitcoin is located in the 68,000-70,000 range (strong support after a deep pullback). The total number of Bitcoins is approximately 2.1 million, representing 1.10% of the circulating supply. This area represents the consolidation zone expected in 2025 and is a densely held zone for long-term holders (LTH). This is due to historical high trading volume combined with large whale holdings, acting as a liquidity hub during deep pullbacks. It's unlikely to break through this level effectively without extreme sentiment. Key point: If the price stabilizes with increased volume in this range, a technical rebound is likely, targeting around 84,000. It's also important to note that the 69,000 level represents a significant high point before 2024 and serves as a key support/resistance level. The 69,500-70,000 area represents previous weekly candlestick support. This level acts as a crucial short-term support; if it holds, it can be used for phased accumulation in the medium to long term.

The current decline has exceeded expectations before the monthly close. It was anticipated that the market would see some adjustment around 70,000 for Bitcoin and 2230 for Ethereum. Bitcoin has now reached the expected level, but Ethereum failed to hold the 2200 support level. Ethereum is expected to fall to 1500-1380, and a further break below could see it reach 878. For Bitcoin, the question is whether it can hold 70,000; a further break below could see it fall to 58,000-56,000. See the homepage for further guidance!

Analyst Xiao Ma's Diary: Bitcoin/Ethereum has been a winning streak recently. Yesterday's short position on the surge was successful, and all the short positions taken on the pullback in recent days have been closed out. Bitcoin has gained over 5000 points, and Ethereum over 300 points. All of this was clearly posted before and is available for viewing. The Bitcoin and Ethereum market is generally good at the end of each year, with large and rapid fluctuations. Those who follow the rhythm can quickly double their money. The win rate of the strategies I've publicly shared in advance is visible, ensuring steady profits. Everyone must focus on making money.