$BTC $ETH Afternoon Market Analysis: Published at 14:53 on February 6th

Last night, all my short positions on gold at 4880 and AXS at 1.58 were fully profitable. My wife wanted to take a position again but got stopped out. Currently, in this market, Ethereum can only see the immediate profit; pending orders can't be used for basis point scalping for now. That said, congratulations to the followers who are on the same page. Here at Ying Ge's, we always review our take profits and stop losses, learning to respect the market. Summarizing and reviewing makes you stronger. For friends who choose to trust Ying Ge, I recommend learning his trading philosophy. I will occasionally prepare course materials to provide everyone with beneficial courses. If you like the host, follow us and observe whether it's worth subscribing! Thank you all for your support!

First, we see that Bitcoin closed the morning at around 65,510, with the lowest reaching around 59,900. The daily chart has been in motion for three weeks. As long as tonight's rebound shows signs of slowing down and the close is above 67,500 tomorrow, then the decline should be considered over, aligning with my expectation that the downtrend will end around February 5th. The market will likely enter a major correction and consolidation phase. On the daily chart, support is at around 57,100 in the short term. In the next 1-2 days, focus on resistance between 68,367 and 74,095, and support between 63,265 and 58,798. Expect a rebound during the day. For future operations, avoid bottom fishing for now; consider stabilizing before making moves. Intraday, consider shorting around 66,200-67,024 with a 1x stop.

Second, on the daily chart, Ethereum closed the morning at around 1,928. Twenty days ago, ETH was at 3,328, nearly a 50% retracement over half a month, continuously tricking traders into bottom fishing. Those who have survived and profited from this move should cherish it. The next few days, the daily chart will likely consolidate sideways, waiting for next week's market correction. Short-term, watch resistance at 1,973-2,078 and support at 1,868-1,758. Expect a small rebound during the day. Trading advice remains mainly to short high; consider shorting around 1,950-1,970 with a 1x stop.

Note: The suggested points and positions are based on 1% of capital. The article is time-sensitive; real-time guidance depends on the live room. Personal opinions only; for reference. Small capital compound interest. Good luck to everyone! #当前行情抄底还是观望？ #加密市场回调 #全球科技股抛售冲击风险资产