After its initial surge, Ethereum (ETH) entered a range-bound consolidation phase. The weekend's recommendations of 2130 and 2000 levels have both materialized in the short term. The 4-hour chart indicators suggest a potential turning point. The short-term support level is around 2130-2180. A rebound to this area could test the support level, and a break above it would likely lead to a test of the major support level at 2380. While the 2000 level remains valid, caution is advised against a potential break below it followed by a reversal. Therefore, early morning trading should focus on the support level around 1880. My early morning trading recommendation for Ethereum (ETH) is 1908 with a stop-loss at 1875, targeting 2070. For 2170, the stop-loss is at 2200, targeting 2070. This is just my personal analysis and for reference only.

On the daily chart, Bitcoin's previous rebound failed to stabilize above the 7-day moving average, resulting in an upper shadow. Intraday opening saw another test of the 7-day moving average area. The Bollinger Bands remain downward, with short-term moving averages trending downwards. The MACD fast and slow lines are extending downwards again, with decreasing volume. The KDJ indicator is crossing upwards, while the VR indicator is consolidating around 60. On the 4-hour chart, after high-level consolidation, the price broke below the middle Bollinger Band and short-term moving averages. The Bollinger Bands are narrowing, with short-term moving averages hovering around the middle band. The MACD fast and slow lines are extending upwards but showing signs of turning downwards, with decreasing volume. The KDJ indicator is crossing downwards, and the VR indicator is consolidating around 80. Overall, the price rebound failed to sustain its upward momentum, and the daily chart failed to break and stabilize above the 7-day moving average, indicating potential for further testing in the short term. Support is currently around 67000; a break below this level would target 64500. On the upside, short-term resistance is around 71000; a break and stabilization above this level would test the 74000 area. This week's macroeconomic news, including the non-farm payrolls and CPI figures, will be released on Wednesday and Friday. Although there's no new capital entering the market, coupled with existing capital outflows, there's a probability of market volatility due to the news, which warrants attention. Bitcoin short-term suggestion: Short at 70500, Long at 67300 (or Long at 65300). Ethereum is facing resistance around 2150. The overall daily and 4-hour technical charts are correlated with Bitcoin. Short-term support is around 1960; a break below this level would extend the focus to around 1850. Resistance is around 2100; a break and hold above this level would target the next resistance around 2230. See short-term suggestions. Ethereum short-term suggestion: Short at 2088, Long at 1980 (or Long at 1888) (For more cryptocurrency analysis, click the image to see the homepage introduction) — I am Zhou Yueying.

Looking at the daily chart for Bitcoin, after a rebound following a decline, the previous candlestick closed bearish, indicating a period of adjustment. Intraday opening saw an upward test of the 7-day moving average. The Bollinger Bands show signs of narrowing, and short-term moving averages are currently trending downwards. The MACD fast and slow lines are extending downwards but showing signs of turning upwards, with decreasing volume. The KDJ indicator is crossing upwards, and the VR indicator is consolidating around the 60 level. On the 4-hour chart, the price continues its rebound, breaking through the middle Bollinger Band and moving towards the upper band. The Bollinger Bands are narrowing and flattening, and short-term moving averages are turning upwards. The MACD fast and slow lines are crossing upwards, with increasing volume. The KDJ indicator is also turning upwards again, and the VR indicator is consolidating around the 60 level. Overall, the price movement is in line with the expectations outlined above. After a period of accelerated bottoming, a decent rebound has occurred, and the previous analysis emphasized a bullish short-term outlook. The short-term trend is a correction after continuous bottoming; a true reversal still needs observation. The larger-cycle trend remains bearish, so further waiting for a breakout of resistance is necessary. Short-term trading should be treated as range-bound. Watch for resistance around 74000 and support around 69000. See the short-term recommendations below. Bitcoin short-term trading suggestions: Short at 73400, Long at 69700 (Take profits as needed after strategy activation). Ethereum technical analysis is correlated with Bitcoin and can be used for reference only. Internal short-term long positions at 1923, 2000, and 2077 have all been closed. Short-term resistance is around 2250, and support is around 2040. See short-term suggestions. Ethereum short-term trading suggestions: Short at 2230, Long at 2080 (Click the image to see the homepage introduction for more cryptocurrency 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!

Bitcoin/Ethereum traded short positions above 2080 and 70800 in the early morning yesterday, followed by long positions at 68000 and 2000, with a decent overall range. The recent candlestick pattern shows significant volatility. A long lower shadow appeared on February 6th before a rebound, indicating strong support below. Currently, the market is consolidating in a pattern of alternating small gains and losses. Technically, both DIF and DEA are negative but gradually converging, and the histogram is turning from green to red, indicating weakening bearish momentum. Price action shows a weak recovery phase after a deep correction. On February 6th, there was a flash crash to around 59900 and 1740 before a rebound and a return to consolidation. The 4-hour chart shows a stepped downward trend, with the downtrend line and the middle Bollinger Band resistance moving down to around 72000 and 2150 respectively. The 1-hour chart shows a bearish divergence in moving averages, indicating a clear short-term downtrend. Trading suggestions: Short Bitcoin around 69,500-70,000, with a target of 67,000-68,000; Short Ethereum around 2090-2110, with a target of around 2030, and further targets at 71,500 and 2150. 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.

Yesterday morning, we initiated short positions on Bitcoin/Ethereum above 70800 and 2080, with the price rising to 67300 and then falling back to 1993. We then went long near 68000 and 2000, and again recommended going long at these levels in the evening. After a night of consolidation, the price rallied to around 70000 and 2130. This strategy of shorting first and then going long yielded 5500 points and 200 points of profit, respectively. Congratulations to those who followed our strategy and successfully profited.

The initial strategy for Bitcoin/Ethereum in the early morning was to short above 70800 and 2080, and long below 68000 and 2000. After the price surged, it pulled back to 67300 and 1993 before rebounding. A subsequent pullback to long positions was also suggested, but this was too conservative as the entry points weren't reached before the rebound. However, the initial short-then-long strategy in the early morning did offer entry opportunities, so congratulations to those who followed the strategy. Currently, the market is generally trending sideways. Looking at short-term technical indicators for Bitcoin tonight, it rebounded to a key resistance level before pulling back. If it can hold the 67000 support level, the short-term rebound structure will remain intact, with resistance targets at 73000 and 75000. If it breaks below 66000 support, it may retest the 63000-60000 range. Ethereum can be traded in tandem with Bitcoin, focusing on the 1940-1980 level. Evening trading suggestions: Buy Bitcoin around 67,500 to 68,000, with a target of around 69,500 to 71,000; Buy Ethereum around 1,980 to 2,000, with a target of around 2,100.

Bitcoin/Ethereum was a shorting strategy initiated in the early morning, with prices above 70800 and 2080. However, the price action was volatile, with the price subsequently falling back to around 67300 and 1993, yielding a loss of 3500 points and 85 points respectively. The market is currently retracing rapidly, so there's no need to rush into long positions, as mentioned in the comments during this retracement. The hourly chart shows the price is still in a retracement phase, with further downside potential. Short-term support levels to watch are 66000 and 1940. Long positions can be entered in batches above these support levels. On the 4-hour chart, Ethereum used the highs around 2200 and 75000 as secondary highs, and after encountering resistance, it broke lower. The middle Bollinger Band resistance has moved down to around 2100 and 72000, indicating a continued short-term downward trend. Currently, focus on short-term support levels during this retracement. Trading recommendations: Buy Bitcoin around 66,500 to 67,000, with a target of around 69,000; Buy Ethereum around 1,950 to 1,970, with a target of around 2,050.

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!