Shanghai Mi Ge shares cryptocurrency trends and key levels with fans on February 8, for reference only:

1. Market Overview for today (2026-02-08)

1. Bitcoin (BTC): Current price approximately 69,400 USDT; 24h -0.69%, range 67,656–71,604; weekend volatility correction, ending three consecutive declines; Fear and Greed Index at 7 (Extreme Fear).

2. Ethereum (ETH): Current price approximately 2,090 USDT; 24h oscillation, previously reached 2,100 before pulling back; total market cap 2.449 trillion, 24h -1%.

3. Macro influences: Dovish signals from the Federal Reserve, weakening US dollar, new highs in US stocks, short-term sentiment easing but institutional selling pressure remains.

2. BTC Contract Strategy (Short-term Focus)

1. Range and Key Levels

1) Resistance: 70,700–71,700 (Strong Resistance), 72,000

2) Support: 68,400–69,000 (Key), 67,600

2. Trading Ideas

• Focus on shorting at highs, light positions for trying longs

1) Short: Short on rebounds at 70,700–71,000 with resistance; stop loss at 71,800; targets 69,000 → 68,400 → 67,600

2) Long: Buy on dips at 68,400–68,600 with stabilization and volume; stop loss at 67,600; targets 69,800 → 70,500

3) Risk Control: Leverage ≤5x; position size ≤20%; strict stop loss

3. ETH Contract Strategy (Short-term Focus)

1. Range and Key Levels

1) Resistance: 2,100–2,130 (Strong Resistance), 2,150

2) Support: 2,030–2,050, 1,980–2,000 (Key)

2. Trading Ideas

• Focus on shorting at rebounds from resistance, buying on dips at support

1) Short: Short at 2,100–2,130 upon resistance; stop loss at 2,200; targets 2,050 → 2,000 → 1,980

2) Long: Buy on dips at 1,980–2,000 with volume; stop loss at 1,900; targets 2,080 → 2,100

3) Risk Control: Leverage ≤5x; position size ≤20%; no chasing longs without volume

4. Key Points for Today

1) Weekend volatility decreasing, trade light, quick in and out

2) Use key level breakthroughs/stabilization as entry signals, avoid guessing tops and bottoms

3) Strict stop loss, no holding through losses, no adding to positions to average down

4) Monitor US stock and US dollar index movements in the evening