On the daily chart, Bitcoin broke a new low, closing near 75,700. The current rebound remains weak, with resistance at 77,000-79,000 and short-term support at 75,000. Further declines could target the 70,000 level. Ethereum is also experiencing a weak rebound, but closed above support at 2230, with resistance at 2280-2350. A break below this support could see a drop to around 1800. On the 4-hour chart, Bitcoin has repeatedly hit new lows after a brief oversold correction, currently facing resistance at 77,500-79,000 and support at 75,000. Ethereum is similar, continuing its decline after an oversold correction, with support at 2200 and resistance at 2300-2370. The previously announced short-selling strategy for Bitcoin and Ethereum at any price level has fully realized its medium-to-long-term target of 75,000-2230. Going forward, the strategy remains primarily shorting on rallies. Trading Strategy: Short Bitcoin at 77500-78000, target 76000-75000, stop loss above 79000; Short Ethereum at 2320-2350, target 2230-2130, stop loss above 2390. These strategies are time-sensitive; please refer to the homepage for details and receive private real-time guidance.
2.4 Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2026-02-04 08:54:20
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