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#btc #eth BTC February 5 Morning Market Analysis: Currently, the market has declined from its highest point. Whether it’s ETH or BTC, both have broken through some major support levels. This presents some good opportunities for spot buying. However, regarding contract trading, whether going long or short, the risks are very high at the moment. If this week’s weekly candles for BTC and ETH do not rebound and continue to fall to new lows, then from an operational perspective, the main approach should be to wait and see, with no entry opportunities. The limit-down levels for BTC and ETH in this round of decline are around 5.5 for BTC and possibly below 1800 for ETH. Overall, there are no significant rebounds during this decline, and the recommended approach is mainly to wait and see. Do not attempt to chase short positions, as the risks are high.
Finally, I wish everyone many profits 😀