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February 8th Cryptocurrency Market Analysis & Strategy
• BTC 🪙: Current price approximately $69,249 USD. After a rapid dip, it stabilized and rebounded. Currently in a high-level consolidation phase, with $69,000 as the key support today. Holding this level could lead to a test of the $70,000 resistance level; a break below could see a retest of $68,500 support.
• ETH ⚡ (Ethereum): Current price approximately $2,082 USD. Strongly rebounding in tandem with BTC, with $2,070 as short-term support and $2,100 as resistance. Focus on a low-buying strategy.
🎯 Bitcoin Strategy: Buy in batches at $69,000-$69,300, targeting $69,800-$70,200, with a stop loss at $68,800 (a confirmed break below $69,000 shifts to a short position).
🎯 Ethereum Strategy: Light long positions at $2,070-$2,090, targeting $2,100-$2,130, with a stop loss at $2,050 (a break below $2,070 shifts to a short position).
$BTC