Crypto Circle Early Events 2026.02.09 Monday 1️⃣
Analysis of the overall market trend🖥Forecasting future trends
Analysis of Bitcoin and Ethereum price movements, wealth password, long and short ambush points…
BTC 4-hour K-line support and resistance:
Resistance levels: ①71976 ②74923 nearby
Support levels: ①67405 ②64448 nearby
ETH 4-hour K-line support and resistance:
Resistance levels: ①2163 ②2231 nearby
Support levels: ①2009 ②1947 nearby
Technical analysis:
1. Bitcoin's 4-hour K-line has seen a decrease in volume (as of 6:10 AM～see screenshot), after encountering resistance at the upper levels and forming an M-shaped double top pattern, Bitcoin is currently undergoing a washout adjustment, with poor volume performance. Do not blindly chase highs; consider entering long positions or spot purchases at the support levels marked in the screenshot;
2. The trend indicators for Bitcoin across various cycles (2 hours and below) resonate with a bullish trend, short-term operations should buy low📈; the Fear and Greed Index (FGI) is at 7 (below 10 is a bottom-fishing signal📶), consider entering the market in batches at lower prices;
3. Bitcoin's MACD indicator in the 30-minute to 1-hour cycle is showing a no-root water pattern, indicating a price🈶 demand for pullbacks. Short-term operations should buy low📈, and once the price in the smaller cycles (15-minute, 30-minute K-line) retraces to important neckline support or moving average support, it presents the best opportunity to enter long positions🥰 (please set a stop-loss, fasten your seatbelt, and prepare the three strategies to escape - there are teaching courses) {Contract Thinking};
Spot trading thinking: Prices pulling back to the important support levels marked above can consider lightly entering long positions {Spot Thinking};
Investment carries risks, and one must be cautious when entering the market. The above analysis is for reference only! You can also consider making corresponding arrangements for mainstream coins, sub-mainstream coins, and altcoins based on Bitcoin's correlation effect!
A year’s plan starts in spring 🌹
A day’s plan starts in the morning 💰
Follow “Crypto Circle Early Events” 🥇 for easy and profitable trading 🥰
Giving roses leaves a lasting fragrance 🌹, your “likes + follows” are my greatest encouragement, thank you!
#BTC
#ETH
#Market Trend
#Crypto Circle Early Events
