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๐ BTC + ETH | Market Analysis Feb 05
๐ฐ BTC (Bitcoin)
Price has reached the pre-defined zone; the imbalance has been filled, and we are seeing the initial reaction.
* ๐ผ Targets: 80,000 โ 86,000 - 88,000
* ๐ฝ Support: 70,000
* ๐ Outlook: Formation of a reversal pattern.
> โ๏ธ Note: The imbalance is closed. To continue the upward trend, a breakout from the local downward structure is required; a temporary pause is possible for now.
>
๐ฐ ETH (Ethereum)
Price has dipped deep into the imbalance zone, where buyers are starting to emerge.
* ๐ผ Target: 2,500 - 2,600
* ๐ฝ Support: 2,000 - 1,860
* ๐ Outlook: Awaiting reaction from the zone.
> โ๏ธ Note: Accumulation/Buying pressure remains intact.