February 2nd Bitcoin Market Analysis: Be aware of the risk of chasing shorts. Exercise caution when shorting. At the same time, pay attention to the bullish rebound trend. The market encountered a major support at the 20-level during the decline and was supported twice at a lower level, followed by a 15-level adjustment. Therefore, the low position of the market is not an effective accumulation and adjustment phase. The key risk to watch is the risk of chasing shorts#比特币

(1) The market is currently at position 1, which is in a 30-minute divergence rebound, encountering 30-minute resistance. If the market effectively breaks through 78448, the market will be re-validated at position 2, which is the overhead resistance at the hourly level (79742). The market is consolidating at a high level, preparing for a breakout above 79742. Be cautious of a low-level recovery and a rebound in a one-sided move, with a reminder to go short during the one-sided rebound. The market will reach position 3, between 81800-84300, after completing the recovery.

2) If the market encounters hourly resistance at the lower right and fails to break through again, the focus will shift to the subsequent trend change after a period of consolidation within zone 1. Within this zone, observe more and operate less. It is better to miss opportunities than to make mistakes.