February 3, 2026

#BTC Technical Analysis:
BTC last week experienced a volume-driven long upper shadow and a large bearish candle, with the overall trend still in a bearish structure. This week, a rebound signal appeared near the neckline of the M-top + a key level in the long-term cycle at 74,000-75,000, showing a pinbar rebound;
The rebound volume is relatively weak, still within a downward trend correction;
Around 74,000, as long as it does not break below and consolidates, there is a temporary rebound space, but this does not indicate a trend reversal;
On the daily chart, yesterday closed with a long lower shadow and increased volume, confirming a short-term stop-loss signal;
If the daily does not break yesterday’s low, the rebound is expected to continue, with resistance zones at 81,000 (M-top neckline + CME gap), 84,000 (downtrend line + Fibonacci 0.382), and 86,200 (Fibonacci 0.5);
Until breaking through 84,000-86,200, the rebound is still considered a structural correction;
MACD and RSI bearish momentum are still present, but RSI oversold conditions suggest a need for downward correction;
In the short term, focus on the 4-hour chart, and seize short-term opportunities as they arise.

#ETH Technical Analysis
ETH weekly chart moves in tandem with Bitcoin’s volume decline, currently rebounding near the previous low at 2200. Holding above 2200 tests the 2460-2580 range; if 2200 breaks again, the downside risk increases, targeting 1850;
On the daily chart, yesterday’s large bullish candle with volume indicates a rebound, with RSI showing oversold correction needs. The main trend remains in a five-wave downtrend;
The 4-hour RSI is oversold and shows divergence, requiring observation of a bottoming pattern. Short-term, consider long positions; mid-term, observe for short opportunities after rebounds.

BTC Long Orders
Level 1: 76,988 0.5% margin
Level 2: 76,088 0.5%-1% margin
Level 3: 75,088 0.5%-1% margin
Level 4: 74,458 1% margin
Take profit: 77,788 - 78,488 - 79,188 in stages
Stop loss: Break below 71,000-74,450 with volume

ETH Long Orders
Level 1: 2,266 0.5%-1% margin
Level 2: 2,216 0.5%-1% margin
Level 3: 2,166 0.5%-1% margin
Take profit: 2,295 - 2,325 - 2,355 in stages
Stop loss: Break below 2,130, unable to recover

Disclaimer: The analysis is for reference only. Trading involves risks, and you should bear the consequences yourself. I am not a financial advisor.