February 10th Cryptocurrency Market Analysis & Strategy
• BTC 🥞: Current price approximately $70,101 USD, in a consolidation phase after a high-level pullback. The key support level today is $69,800. Holding above this level could lead to a test of the $70,500 resistance, while breaking below could lead to a retest of the $69,000 support. • ETH ⚡ (Ethereum): Current price approximately $2,108 USD, showing weak consolidation in tandem with BTC. The short-term support level is $2,096, and the resistance is $2,125, mainly adopting a high-short strategy. 🎯 Bitcoin Strategy: Short positions can be opened in batches between $70,300–$70,500, targeting $69,800–$69,500, with a stop loss at $70,700 (if it stabilizes above $70,500, then switch to long). 🎯 Ethereum Strategy: Light short positions can be attempted between $2,120–$2,125, targeting $2,100–$2,095, with a stop loss at $2,130 (if it breaks below $2,096, then switch to short).
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February 10th Cryptocurrency Market Analysis & Strategy
• BTC 🥞: Current price approximately $70,101 USD, in a consolidation phase after a high-level pullback. The key support level today is $69,800. Holding above this level could lead to a test of the $70,500 resistance, while breaking below could lead to a retest of the $69,000 support.
• ETH ⚡ (Ethereum): Current price approximately $2,108 USD, showing weak consolidation in tandem with BTC. The short-term support level is $2,096, and the resistance is $2,125, mainly adopting a high-short strategy.
🎯 Bitcoin Strategy: Short positions can be opened in batches between $70,300–$70,500, targeting $69,800–$69,500, with a stop loss at $70,700 (if it stabilizes above $70,500, then switch to long).
🎯 Ethereum Strategy: Light short positions can be attempted between $2,120–$2,125, targeting $2,100–$2,095, with a stop loss at $2,130 (if it breaks below $2,096, then switch to short).