2026-02-05 02:44:04

February 5th, Bitcoin and Ethereum, Silk Road

Today, the market is dominated by profit-taking factors. Bitcoin has plummeted from 98,000 to 71,600, with no room for bulls to fight back. The market has already started to experience a stampede. The key point is whether the 70,000 level can hold this wave of decline. As for Ethereum, keep an eye on the 2000 level. The overall strategy today is to open short positions at high levels.

Personal trading suggestions:

Bitcoin can be shorted in the 73,500-74,500 range, with the first target at 71,000-70,000. If this level breaks, continue to look down to 68,000.

Ethereum can be shorted in the 2,180-2,200 range, with targets at 2,100-2,050.
$BTC $ETH

ETH-5,42%

BTC-6,42%

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