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

Dragon horns reflect the stars, mortals gather spring signs. On the second day of February, the dragon raises its head. Cut a segment of spring breeze as a preface, waiting for all things to pick up the pen. Coming back to the market, last night Bitcoin was still around 68,750, and this morning it has returned above 70,000. Ups and downs are the norm, don't panic, continue shorting the rally.

This rally has established 76,000 as a phase top. Under the influence of the Fed not cutting rates, bears have massively sold off and temporarily stopped within a volatile zone. The market ahead will be extremely difficult to navigate. Capital outflows have reduced market liquidity, so we need to advance step by step.

Bitcoin: Short the morning high at 70,700-70,400 zone, target 68,500

Ethereum: Short the same 2,150-2,175 zone, target 2,050

There's no need to elaborate on what day today is. Handle the Friday node cautiously. Whether you can recover and exit the market depends on your choices. Wishing everyone smooth sailing and long-term trading success! #Gate13周年全球庆典