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February 6 Cryptocurrency Market Analysis & Strategy
• BTC 🪙: Current price around $65,000 USD, in a deep correction phase with low-range consolidation. The key support level today is $64,500. Holding above this level could lead to a test of the $65,800 resistance, while a break below may lead to a retest of $64,000 support.
• ETH ⚡️ (Second Coin): Current price around $1,910 USD, showing weak correlation with BTC and consolidating. Short-term support is at $1,890, with resistance at $1,950. Focus on low-range long positions.
🎯 Bitcoin Strategy: Buy in batches at $64,500-$64,800, targeting $65,300-$65,700, with a stop loss at $64,300 (if it breaks below $64,500, switch to short).
🎯 Second Coin Strategy: Light long positions at $1,890-$1,920, targeting $1,940-$1,960, with a stop loss at $1,870 (if it breaks below $1,890, switch to short).