Friday, February 2nd, Dragon Raises Head, Rally Then Short

Dragon horns reflect the stars, earthly signs welcome spring, February 2nd, Dragon Raises Head, cutting a snippet of spring breeze as prologue, waiting for myriad things to pick up their pens. Coming back to the market, last night Bitcoin was still around 68750, this morning it has returned above 70000, ups and downs are the norm, don't be alarmed, continue shorting on rallies.

This rebound has confirmed 76000 as the phase top, under the influence of the Federal Reserve not cutting rates, bears dumped in volume, temporarily halting and entering a consolidation zone. The market ahead will be extremely difficult to endure, capital outflows have reduced market liquidity, so we must proceed cautiously step by step.

Bitcoin: Short at early session highs around 70700-70400 zone, target 68500

Ethereum: Simultaneously short around 2150-2175 zone, target 2050

No need to say what day today is, handle Friday node cautiously, recovery and exit profits, it's your choice how to proceed, wishing everyone smooth sailing, trading long rainbow! #Gate13周年全球庆典