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.
The market continues to slowly and steadily hit new lows, and this trend has a chance of accelerating beyond previous lows.
2026-02-05 05:59:08
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