Analysis on February 8: The current market direction is clear

Bitcoin Analysis:

Yesterday's high point of 118 dropped all the way to 128, with a single-day plunge of over 6000 points. The rebound is weak, and short-term selling momentum remains. Downward risks persist, currently facing strong resistance in the 114-115 range.

If it cannot effectively break through, it may revisit the 112-108 range.

In the short term, do not blindly bottom-fish; wait for stabilization signals.

For the medium to long term, pay attention to the support strength near 108; if it breaks, adjust the strategy.

Ethereum Update:

From the high point around 3860, it quickly touched the key area of 3400-3500 (volatility speed is over 2 times that of BTC).

If it loses the 3400 support, the next target will be the 3200-2800 range.

Altcoins: Overall performance is weak.

Focus on observing the performance at the ETH 3200—2800 level; after stabilizing, look for opportunities to position.

Currently, the risk of holding is greater than the opportunity; preserving capital is the top priority.

Strictly execute high sell and low buy, refuse to be passively trapped.

The market is not lacking in opportunities; what is lacking is patience and bullets.

Brothers who are uncertain about trading directions recently can (click the icon) reach out to me for communication at any time; I will answer your operational questions one-on-one! #加密项目 #加密市场回调 #稳定币热潮