Friday + February 2nd Dragon Raises Head: Rally is an Opportunity to Short
Dragon raises head, and the market is also "raising," but don't be fooled by appearances.
Last night BTC was still at 68750, and this morning it pulled back above 70000. This kind of back-and-forth pulling is normal, no need to panic.
The strategy is simple: continue shorting on rallies.
This round of rally has basically confirmed that 76000 is the phase top.
Against the backdrop of the Fed not cutting rates, bears are dumping volume. Currently, we're just entering a consolidation phase.
The following price action won't be easy to trade:
Liquidity is declining, funds are flowing out, and the trend will repeatedly wear on you.
So in one sentence: be steady, don't get emotional, take it slow.
Trading Reference: BTC: Short between 71000 - 70500 zone Target: 68500 ETH: Short between 2150 - 2175 zone Target: 2050
Today is Friday, and it's also a "Dragon Raises Head" node, The market tends to fluctuate emotionally. You must control your position size and pace. Whether you can recover and get back on shore depends on how you play this wave.
Friday + February 2nd Dragon Raises Head: Rally is an Opportunity to Short
Dragon raises head, and the market is also "raising," but don't be fooled by appearances.
Last night BTC was still at 68750, and this morning it pulled back above 70000. This kind of back-and-forth pulling is normal, no need to panic.
The strategy is simple: continue shorting on rallies.
This round of rally has basically confirmed that 76000 is the phase top.
Against the backdrop of the Fed not cutting rates, bears are dumping volume. Currently, we're just entering a consolidation phase.
The following price action won't be easy to trade:
Liquidity is declining, funds are flowing out, and the trend will repeatedly wear on you.
So in one sentence: be steady, don't get emotional, take it slow.
Trading Reference:
BTC: Short between 71000 - 70500 zone
Target: 68500
ETH: Short between 2150 - 2175 zone
Target: 2050
Today is Friday, and it's also a "Dragon Raises Head" node,
The market tends to fluctuate emotionally. You must control your position size and pace. Whether you can recover and get back on shore depends on how you play this wave.
Wish everyone smooth sailing. Stay calm and you win. #Gate13周年全球庆典 #美联储维持利率不变 #英伟达GTC2026大会召开 #Aster主网上线 #七大央行利率来袭 $BTC $ETH $SOL