📈February 5th Cryptocurrency Market Short Selling Strategy
• BTC 🪙: Current price $72,000 USD, in a weak oscillation phase after a pullback, short-term key resistance level at $72,500-$72,700, support level at $71,500. • ETH ⚡️ (Ethereum): Moving in tandem with BTC's weak trend, current price $2,136 USD, resistance at $2,150-$2,160, support at $2,110. 🎯 Bitcoin short position strategy: Build short positions in batches at $72,300-$72,500, target $71,600-$71,400, stop loss at $72,800 (exit if successfully stabilizes above $72,700). 🎯 Ethereum short position strategy: Light position attempt at $2,145-$2,155, target $2,115-$2,105, stop loss at $2,170 (exit if successfully breaks above $2,160).
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.
📈February 5th Cryptocurrency Market Short Selling Strategy
• BTC 🪙: Current price $72,000 USD, in a weak oscillation phase after a pullback, short-term key resistance level at $72,500-$72,700, support level at $71,500.
• ETH ⚡️ (Ethereum): Moving in tandem with BTC's weak trend, current price $2,136 USD, resistance at $2,150-$2,160, support at $2,110.
🎯 Bitcoin short position strategy: Build short positions in batches at $72,300-$72,500, target $71,600-$71,400, stop loss at $72,800 (exit if successfully stabilizes above $72,700).
🎯 Ethereum short position strategy: Light position attempt at $2,145-$2,155, target $2,115-$2,105, stop loss at $2,170 (exit if successfully breaks above $2,160).