Dog Brother's Daily Market Analysis

2025.2.1

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Yesterday significant events are to occur again, with US and Russia discussing in Saudi Arabia, initiating a multifaceted relationship recovery. European markets took the lead before the US stock market opened, but the Nasdaq opened high and then dropped after opening. If you followed my thinking yesterday, shorting Ether in the 2730-2750 range and going long on Bitcoin in the 93800-93500 support range, you could have captured this expectation.

You say this market is difficult to trade, but in a volatile range, you can just randomly open long or short positions. It's fun, right? But it’s truly exhausting; in the current market situation, you need to be patient, and every day you should reference the support and resistance levels provided by Dog Brother.

The cyclical view remains unchanged, and the turning point is approaching quickly. Next, pay attention to Ether; if it doesn’t break 2500, there is a potential 500 points of space. I just ask, are you tempted?

What’s currently missing is a real process of bottom-fishing. From the last big drop, several important positions at a higher level have been cleared, so the recent period of consolidation isn't hard to understand; it’s just accumulating liquidity to prepare for the next market turning point.

Having said so much, I hope my brothers who follow me will take the initiative to learn and have a basic judgment of the market. If one day I stop updating, don’t think that other bloggers will lead you to the shore; only a few traders are sincerely working.

Bitcoin:

Yesterday I mentioned that the 93800 area is the intraday support; each support and resistance level is only traded once. Looking at the overall shape, Bitcoin's daily chart still looks relatively dangerous. The dip last night also showed that Ether has support, with Bitcoin leading the decline. Conservatively estimating 91800 here as the first line of support, which is also the overall large structural platform support. If it reaches this position, it’s worth trying boldly; aggressive testing around 94200 has a second probe demand. The upper pressure is 96500/98200.

Ether:

Today in the early session, it rebounded first around 2677. Currently facing small-level resistance, the shape still maintains a strong bullish trend. At a short-term level, 2610 can be used to make up for the support position after a second probe; 2518 is the strong support for this week's large structure.

At this stage, the news doesn't need to be taken seriously. There isn’t enough liquidity gathered in the market; everything is just capital preparing for the next phase of operations. $BTC $ETH