February 10 BTC Trading Strategy: Key Long and Short Points Analysis
Long Position: 94666 / 92666
Short Position: 97200 / 99500
Long Logic:
·94666: This position is the overlapping area of the upward gap and the Fibonacci 0.618 retracement level, which is expected to form strong support and is an ideal entry point for bulls.
·92666: If the market rebound momentum is weak, after the first support is broken, it may further dip to the previous low area, where 92666 will become the second support level, suitable for incremental positioning.
Short Logic:
·97200: According to the Huobi 1-hour indicator, there is a clear short signal near 97200, making it an ideal entry point for short-term bears.
·99500: This position is a key Fibonacci resistance level. If the price rebounds to this point, it is expected to encounter strong resistance, making it suitable for medium-term short positions.
Market Analysis:
The current market is in a critical stage of bulls and bears contesting. The 94666-92666 range is an important defense line for bulls. If the support holds, a new round of rebound may begin; conversely, if the support is broken, further downside risk should be monitored. The 97200-99500 range above is the area where bears can exert strength, and short opportunities should be closely watched if a rebound occurs here.
Operational Suggestions:
·Bulls: Try a light long position near 94666, with strict stop-loss if it breaks; consider adding to the position near 92666 to bet on a rebound.
·Bears: Short near 97200 for a short-term trade, and plan for a medium-term layout near 99500, with stop-loss set according to personal risk preference.
Risk Warning: Market volatility is increasing, and it is recommended to strictly control positions and manage risk.
