2-31 Super Brother's Morning Thoughts

From the current market perspective, the Bitcoin daily chart shows a small bullish candle, with weak sustainability of the short-term rebound, and the upper pressure level has slightly declined, limiting the rebound space. In the daily trend, the bullish trend is repeatedly weakening, and attention should be focused on the support level of 92000 below. If it fails to hold, it may once again test the previous low around 90000. The four-hour chart shows that after the weekend surge, the price is consolidating and testing the upper pressure level, with momentum slightly increasing, but it has not broken through. In the short cycle, the price still needs to accumulate energy in oscillation, and a one-sided trend cannot be confirmed for the time being, with running space narrowing; a short-term expectation of maintaining oscillation.

Trading Suggestions

Bitcoin retracement to 93600-93300, target 95000

Ether retracement to 3410-3400, target 3500

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