2026-02-02 16:08:33

2.3 Tuesday Early Morning Market:

Bitcoin continued its midday rebound, oscillating between 77,400 and 78,400, then rebounding around 77,500 to rise towards 79,300.
Ethereum extended its midday rally to around 2,315, then retreated to about 2,272 in the evening before oscillating upward to around 2,395.
The market experienced some rebounds, and profit-taking from short positions is a normal fluctuation. Currently, the daily chart shows a decreasing volume of short positions with a bullish candle with lower shadows. Resistance is expected around 79,500. The MACD remains downward, while the KDJ is moving upward. On the four-hour chart, the increase in short positions is gradually reaching the midline, with the MACD forming a golden cross and trending upward. The KDJ is diverging upward. Resistance is around 80,000. On the hourly chart, the bulls are gradually increasing, MACD is gradually crossing above zero, and KDJ is gradually moving downward.
Tuesday Early Morning:
Market short around 79,200-79,700. Target around 77,700-76,700.
Market short around 2,385-2,410. Target around 2,315-2,285.

BTC-5.2%

ETH-6.74%

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