Thursday, February 5, 2026


【Strategy Review】
In the strategy released on the morning of February 4 (Figure 1), we clearly identified the core support range as 72222-71111, with 72222.22 set as the key defensive position and initial entry point for the main position. The current market has precisely retested this support level (Figure 2), confirming our previous market structure judgment.
【Market Interpretation】
This second bottom test not only effectively confirms the strength of the previous support but also serves as a necessary step to build momentum for subsequent upward movement. The price is supported by buy orders around 72222.22, indicating strong market consensus at this level and laying a solid foundation for a rebound. From the 15-minute candlestick chart in Figure 2, it is clear that after the price dipped to 72169.00, it quickly rebounded, just 53.22 points away from our predicted support at 72222.22, demonstrating very high accuracy.
【Trading Recommendations】
For traders who have already positioned according to the strategy: Rely on the core defensive zone of 72222-71111 and hold your positions firmly. If the price stabilizes above 73500 later, consider adding to your position. The first target for the rebound is around 8000 points, with a breakout aiming toward 11000 points.
For traders waiting for a signal: Watch whether the price can effectively break through the short-term resistance at 73500. Once stabilized, you can enter the market accordingly, with a stop-loss set below 72000. The subsequent rebound target zone remains between 8000 and 11000 points.
【Core Viewpoint】
The precise validation of the second bottom reinforces our mid-term bullish outlook. In the short term, attention should be paid to the effectiveness of the 72222 support. If this level holds, the market is likely to initiate a new rebound, with upside potential targeting the 8000-11000 point range.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)