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Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (2/4)

2026-02-03 16:25:23
Shareshare
Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (2/4): The current BTC market is in a weak consolidation phase at a low level, with neither technical analysis nor external environment providing clear trend guidance. Technically, the price is fluctuating around the strong support level of 77055.54. The hammer candlestick pattern suggests a possible bullish reversal opportunity, but the bearish alignment of the moving average system and extremely low trading volume indicate insufficient market momentum, limiting the upside potential. Meanwhile, the overall external environment is neutral, market sentiment has not shown a significant bias, and mixed news has failed to provide directional support. The current market is in a consolidation pattern, with 77055.54 as a strong support level. The hammer candlestick pattern suggests a possible bullish reversal opportunity, therefore, buying on dips near the support level is a prudent choice in line with the current market characteristics. Therefore, subsequent trading recommendations are mainly to buy on dips. For Bitcoin, consider buying around 76500-77000, with a target of 78500-79000. For Bitcoin 2, consider buying around 2230-2250, with a target of 2320-2350.
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