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February 4th Noon Market Analysis
The short-term slight rebound is unlikely to change the overall weak pattern. Prices are continuously suppressed by key moving averages, rebound momentum is lacking, and the decline is clearly increasing in volume. Bears are in control, resistance levels above are under pressure, and in the short term, it is highly probable that prices will retest the lower support levels.
Bitcoin Spot Trading
Direction: Short
Entry Range: 77,000-77,800
Target Range: 75,500-74,000
Stop Loss: 78,500
Altcoin Spot Trading
Direction: Short
Entry Range: 2,300-2,325
Target Range: 2,250-2,200
Stop Loss: 2,360