Good evening, brothers. The market has been sideways for 2 days, and today it finally dropped. I mentioned in the live stream on the afternoon of the 9th that the 4-hour level would come down. That evening, I also advised everyone to short at the white line rebound position with a stop loss at the previous high. On the 10th, it didn't break above the previous high nor did it drop too much. I know some people were cursing me behind my back, so I didn't bother to post any levels during these two days of no movement. Now it has already broken below the bottom of the previous few days' consolidation area. I still want to share some thoughts with everyone.

Currently, Bitcoin and Ethereum have both dropped. As long as the daily line does not close above 8 AM tomorrow (Bitcoin 672, Ethereum 1995), this 4-hour level rebound will be completely over, and the market will start to go down again. Be aware of a second bottom test; everyone can wait for long positions near the previous lows or supporting levels during this significant drop to catch the rebound.

Currently, chasing short positions is not cost-effective; it has already fallen once, and Bitcoin has just reached a previously mentioned support level of 1930. It will definitely rebound, so for short positions, wait for a small-level rebound before entering. If you're aggressive, wait to enter near the rebound white line position, with the stop-loss set at the high point of the rebound on February 11 at 1 AM. For a more conservative approach, go for the upper resistance levels for better cost-effectiveness. Those who previously opened long positions at the bottom of the consolidation area should set their stop-loss at the recent low of this drop, Bitcoin 663 and Ethereum 1930!

Evening market analysis:

Pay attention to the position 67850 at night for Bitcoin, only if it stands above this position for 1-2 hours can it start to rebound. The upper resistance levels to pay attention to are around 69900-71700-74100!

If the rebound at night does not go above 67850, it indicates that the small-level rebound lacks strength, and it may fall again. The lower support levels to pay attention to are around 65000-62260-60000!

Pay attention to the position 1983 at night for Ethereum, only if it stands above this position for 1-2 hours can it start to rebound. The upper resistance levels to pay attention to are around 2045-2105-2150!

If the rebound at night does not go above 1983, it indicates that the small-level rebound lacks strength, and it may fall again. The lower support levels to pay attention to are around 1930-1865-1815!

Pay attention to the position 608 at night for BNB, only if it stands above this position for 1-2 hours can it start to rebound. The upper resistance levels to pay attention to are around 624-640-653!

If the rebound at night does not go above 608, it indicates that the small-level rebound lacks strength, and it may fall again. The lower support levels to pay attention to are around 587-571-560!

Pay attention to the position 82 at night for SOL, only if it stands above this position for 1-2 hours can it start to rebound. The upper resistance levels to pay attention to are around 85-89-92!

If the rebound at night does not go above 82, it indicates that the small-level rebound lacks strength, and it may fall again. The lower support levels to pay attention to are around 78-75-72!

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