February 6, 2026 13:45 (UTC+8), BTC is currently around 65,800, with an intraday low of 60,074, a 24H decline of approximately 11.8%. After a panic sell-off, there was a weak rebound, but the bearish dominance remains unchanged. Below are precise technical analyses and actionable strategies.

📊 Core Technical Analysis (4H timeframe)

- Key Support: 64,000 (short-term), 60,000 (strong support, intraday low)
- Key Resistance: 67,800 (first target for rebound), 68,700 (strong resistance), 70,500 (psychological level)
- Indicators: RSI slightly recovering after being oversold but still <30; MACD bearish momentum unchanged, no clear bottom divergence; volume increasing, concentrated liquidations of long positions, bears still in control

🎯 Trading Strategies (Short-term)

- Rebound Short (Priority)
Entry: 67,500-68,000
Stop Loss: 69,000
Take Profit: 65,000 → 64,000, break below targets 60,000
Logic: Rebound faces resistance, follow the trend to short, aligned with current bearish rhythm
- Light Long Positions (Very Cautious)
Entry: Confirmed stabilization after retesting 64,000
Stop Loss: 63,000
Take Profit: 66,800
Logic: Technical correction after oversold condition, quick in and out, avoid holding positions too long
- Wait and See (Conservative)
Wait for: Rebound to weaken and break below 64,000 again, or volume breakout above 69,000
Logic: Avoid entering blindly in the battle zone between bulls and bears, wait for clear signals

⚠ Risk Management Points

- Position size ≤ 20%, single trade stop loss ≤ 2% of capital
- Monitor: Evening speeches by senior officials, ETF fund flows, US stock market volatility, beware of gap openings and liquidity risks
- Discipline: Exit immediately upon hitting stop loss, do not hold through losses, avoid adding to positions to reduce costs