Juxingci: Support Analysis Below 2.5 Bitcoin/Ethereum

As of February 5, 2026, the dense chip support area below 2100 is between $2000–$2070 (short-term strong support)

Chip scale: approximately 4.2 million coins, accounting for 5.3% of circulating supply, concentrated trading zone after sharp decline in January–February 2026, with a low of 2163 on February 2 and a dip to 2075 on the 5th;

Cause: psychological barrier at round numbers + weekly technical levels + concentrated contract liquidation zones, funds are clustered around 2000–2050, with short-term stop-losses and bottom-fishing orders resonating;

Key: A volume-driven break below 2070 could accelerate the decline toward the 2000 round number. Additionally, note that previous weekly support and rebound levels above 2000 and 2050 have formed strong support multiple times. Currently approaching this area, monitor the break of 2000.

Below Bitcoin, the dense chip support area is between 68,000–70,000 (strong support during deep correction)

Chip scale: approximately 2.1 million coins, accounting for 1.10% of circulating supply, a long-term holding zone (LTH) during oscillation and consolidation in 2025

Cause: historical transaction concentration + whale lock-in zone, liquidity center during deep correction, difficult to break through without extreme sentiment

Key: If volume increases and support holds in this zone, it could trigger a technical rebound, targeting around 84,000. Also, note that around 69,000 has been a long-term high point before 2024, serving as an important top-bottom reversal point. The 69,500 to 70,000 area is where the previous weekly candlestick support is located.

This position serves as an important short-term support. If not broken, it can be used to gradually build medium- to long-term positions.