#比特币盘整将持续多久? Crypto Market Overview: 2/6 Bitcoin continues to oscillate at high levels, with short-term selling pressure remaining dominant. The market may continue to face pressure in the future.
Bitcoin's current price has returned to around 98,000, oscillating around this level. The 4-hour chart shows a rebound after a second dip, recapturing some of the day's losses, indicating that the short-term weakness may not persist. The current wide-ranging pullback is being managed step by step. The 4-hour chart has held the day’s low support, and we can expect a rebound oscillation; conversely, if it breaks down, it will weaken. For today, we continue to treat it as oscillating, participating around the upper short position and lower long position of the range. The personal trading suggestion for Bitcoin today is to short around the rebound of 98,000-98,500, targeting a drop to around 96,500-96,000.
On the Ethereum side, there was a surge in bullish volume today. After stabilizing around the low point of 2,700, the price started to rebound again, currently oscillating around 2,800. The 4-hour chart previously stabilized and combined with a large bullish candle, but there hasn’t been a sustained rebound to strengthen. There was a pullback in the early morning, indicating insufficient bullish momentum with slight signs of weakening, but the movement is small and a clear trend is not yet visible. It is accumulating strength in oscillation. For today, the short-term approach is similar to Bitcoin, continuing to treat it as oscillating, participating around the upper short position and lower long position of the range. The personal trading suggestion for Ethereum today is to short around the rebound of 2,850-2,880, targeting a drop to around 2,780-2,750.
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