2.2 Monday Morning Bitcoin and Ethereum Trading Strategy Analysis

As the Spring Festival approaches, a new February begins, and a new journey starts. Mu Feng wishes everyone smooth trading!
Currently, from a technical perspective, the market's weak structure has been officially established. The MACD and RSI indicators are weakening simultaneously, and the bearish momentum continues to be released. The trend has strong continuation, with short-term support initially at the 75,000-76,000 range. If this level cannot hold, the price will further decline to the 70,000 level;
Ethereum has lost the previous support zone of 2550-2600, and the RSI has entered a weak zone. If it breaks below the key support of 2350-2400, the bearish trend will be further solidified.

The current short- and medium-term market is generally bearish. Until key resistance levels are effectively reclaimed and stabilized, all rebounds are opportunities for trend-following short positions rather than trend reversal signals. Core strategy: short on rallies, follow the trend.

Trading Recommendations
Bitcoin: Gradually build short positions in the 78,000-78,300 range, targeting 76,000-74,700
Ethereum: Short around 2350, targeting the 2230-2120 range
$BTC $ETH