2026-02-01 13:27:34

2-1 Evening Market Analysis

Brothers, good evening. After a sharp plunge in yesterday's coin prices, today the market has been oscillating narrowly between 79,000 and 78,000. This afternoon, the second pancake took a 56-point gain, and 5600 oil steadily secured profits!

Recently, the overall market trend continues to be weak and volatile, with highs gradually decreasing and lows continuously shifting lower, showing increasingly obvious bearish dominance. From a technical perspective, the MACD indicator remains below the zero line, with DIF and DEA lines diverging downward, green bars expanding, indicating that bearish momentum is further strengthening; the current price is under pressure below the EMA7 short-term moving average, and the distance from the EMA30 and EMA120 medium- and long-term moving averages continues to widen, with a high deviation from the averages. The overall trend is bearish, and short-term downward momentum is sufficient.

Trading Suggestions

BTC: Short in the 79000-79300 range, target 77500-77000 range, and if broken, continue to look down to 76500

ETH: Short in the 2430-2450 range, target 2350-2300 range, and if broken, continue to look down to 2250

BTC-1,6%

ETH-3,95%

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